Filipino Homeowners Get Principal Reduction Relief

UNION CITY, Calif. – Amy and Peter Asi, who lost both their jobs in 2009, almost gave up on their home. For two years, they had asked their lender, Wachovia, to modify their loan and lower their home’s principal.

They hired the help of Attorney Timothy McCandless. Eventually, the amount of the Asi’s principal loan was reduced by 29%. Their lender cut more than $117,000 off their debt.

Peter said they can now breathe a huge sigh of relief. He said, “We’re already struggling to pay for this house, which is underwater. This is a big help.”

Atty. McCandless said since the Obama administration has put pressure on lenders to reduce the principals of struggling homeowners, lenders have been receptive…because they see how it will benefit them, as opposed to foreclosing on homes.

McCandless said, “If they put all these hours on the market all at once — values are going to go down faster and further. It’s in their best interest to work with the homeowners rather than foreclosing, evicting. It’s very destrucive to the community.”

McCandless said a third of the the homes in America are now underwater in value. He said lenders now see principal reduction as a win-win situation.

He said, “They look at the appraised value and the cost it’s going to take to liquidate the home — versus working with the homeowner. Values continue to drop and it’s making more and more sense for banks to work with the homeowners.”

McCandless said principal reduction is a more viable option for struggling homeowners than loan modification…because homeowners are encouraged to pay on time when they know their homes have value.

At its peak, the Asi’s home was valued at $600,000. It is now down to $400,000.

Now that the bank reduced the amount of their loan to reflect current values, they said they’re more encouraged to pay…especially now that they have full-time jobs.

Amy said, “Without principal reduction, you feel like there’s no sense in paying. But with it, homeowners feel motivated to pay.”

Not only was their principal reduced, the Asi’s loan was permanently modified from $4,000 a month to $2,800 a month.

The Asi’s principal reduction has a condition. They have to pay monthly payments on time for the next three years — before the $177,000 can be fully taken out of their loan — not a problem for these homeowners who are now confident in the value of their home.

You may contact Henni Espinosa at henni_espinosa@abs-cbn.com for more information.

Calling All Lawyers to 5,000,000 Crime Scenes

It’s time for me to have an adult conversation with the experienced practicing attorneys in this country. Other grown-ups are welcome to sit in as well, but it’s time for children to be in bed or occupied elsewhere, okay?

If there’s no money to be made solving something… no profit incentive… then for the most part, we don’t quite have a handle on to solving it. For example, we’re not very good at cleaning up our oceans in general, and if there weren’t money to be made cleaning up oceans after oil spills, my guess would be that we wouldn’t be very good at doing that either.

To-date, however, BP has reportedly spent $21 billion cleaning up the Gulf of Mexico since its last mega-disaster, and guess what? The Gulf of Mexico is pretty clean again… just two years later! I remember hearing environmentalists predict that it could take 100 years to clean up the Gulf after the Deepwater Horizon catastrophe. I guess they were underestimating just how much solution $21 billion can often buy.

Well, today we have a mammoth size foreclosure problem in this country, and it’s being talked about like it’s damn near an unsolvable problem… as if solving it would require determining the chemical origins of life, or figuring out whether black holes really do exist in space.

The foreclosure crisis, thank goodness, is not a black hole-type problem as many would have us believe. It is a problem that, political constraints notwithstanding, exists at the juncture of economics and the rule of law. In other words… it’s an oil spill… perhaps the worst oil spill of which the world has ever conceived… the Exxon Valdez meets Deepwater Horizon x 100, if you will… but it’s still just an oil spill.

It’s also important to note that as an economics problem alone, the foreclosure crisis is not a particularly challenging one to solve. Some would rush to remind me that any proposed solution would be rife with “moral hazard,” and while that may be true, it doesn’t make the problem insoluble, by any means.

The elephant in the room is that what we’re facing in this country today is not just a foreclosure crisis, what we’re dealing with with is much better described as a FRAUDclosure crisis.

A couple of years ago, many would have said that my use of the word “fraud” before “closure,” is just hyperbole. Today, however, anyone voicing that sort of opinion is selling something. Even a cursory review of last year’s scathing “consent orders,” that federal regulators issued after months spent investigating mortgage servicers… or a quick perusal of the complaints filed against the servicers by attorneys general in Massachusetts, Nevada, Maryland, or Arizona… or by reading any number of published court decisions favoring homeowners… and one can only conclude that use of the word “fraud” is, if anything, understatement.

Additionally, this past year has been a turning point for the general public as far as FRAUDclosures are concerned. Television’s most venerable news magazine, “60 Minutes,” along with newspaper-of-record, “The New York Times,” joined a long list of others documenting the many ways that banks and mortgage servicers are routinely breaking numerous laws in order to take advantage of homeowners in foreclosure. It’s now widely understood to be something that’s occurring all over the country, and even though the banking industry continues to try to dismiss publicized instances as insignificant dalliances or “isolated incidents,” their sheer number has made such attempts laughable. And the levels of wholesale anger and dissatisfaction with government felt among the populace are both palpable and rising fast.

Today, even forecasts from the likes of Goldman Sachs and Amherst Securities peg the number of foreclosures between 10.4 and 14 million by year-end 2014, and those numbers could easily go higher should home prices continue to fall… which they invariably will. Add those numbers to the millions of foreclosures already water under the bridge, and were talking about a crisis that results in ONE IN FOUR Americans with mortgages losing their homes to foreclosure in the next handful of years.

What I’m describing will unquestionably devastate any hope for recovery in our broader economy for any number of reasons. For one thing, as banks are forced to recognize their losses incurred on the mortgage-backed securities and CDOs that capitalize their balance sheets, they will become insolvent… and this time many will be forced to fail. For another, home prices will continue falling pushing more and more homeowners underwater and consumer spending will continue to decline and that will lead to rising unemployment, which will in turn fuel further foreclosures. And those hopelessly underwater will begin walking away en masse, which will further exacerbate the decline in prices and become impossible to combat.

All of these factors and more will combine to reduce future demand for residential real estate dramatically… perhaps by half, but in addition, with no secondary mortgage market… no ability to securitize debt… even those wanting to buy homes going forward will find credit to be tight and tighter, destroying any potential for recovery in the housing market.

And I’m no longer in a small group of people writing about this deteriorating situation as was the case three plus years ago. Every day others are waking up to the fact that what we’ve been told about foreclosures to-date by our government and the financial services and related industries, has proven itself to be at best mistaken… at worst misdirection… or, not to put too fine a point on it, outright folderol.

As conservative columnist, Peggy Noonan, has pointed out recently, it’s simply impossible to imagine this sort of future without also seeing social unrest on a scale not seen in this country since at least the 1930s. Writing recently about the Occupy Wall Street (“OWS”) movement, Noonan echoes my sentiments on the situation to a tee…

“OWS is an expression of American discontent, and others will follow. Protests and social unrest are particularly likely if people feel they are unfairly losing their homes to support irresponsible, law-breaking institutions that have successfully disregarded the fundamental rules of capitalism and good citizenship.”

The harsh truth is that whatever is done in the future at state or federal levels to mitigate the damage caused by foreclosures, it’s simply too late to prevent our FRAUDclosure crisis from pretty much wiping out our nation’s middle class economy for more than a generation. As a practical matter, the only real question we face today is how many are wounded and how many are killed… none of us is getting out unscathed.

There should be no question in anyone’s mind… there are only two paths ahead from which to choose. Both involve fighting a war… but on one path the battle is fought by lawyers in our courts… on the other, by citizens in our streets.

Make no mistake about it… if we are to mitigate any of the damage being caused, uphold the rule of law, and protect the rights of millions of homeowners… it should be obvious to anyone that WE NEED TENS OF THOUSANDS OF LAWYERS trained in foreclosure defense, loss mitigation and bankruptcy. And yet, more than four years into the FRAUDclosure crisis, we don’t have anywhere near the number of trained, ethical attorneys required to meet the demand.

We’re all adults here, so let’s not kid ourselves about why that’s the case.

We all know why we don’t have the lawyers we need to marshall a more effective defense of homeowners engulfed by the FRAUDclosure crisis… it’s because THERE’S NO MONEY IN IT. Or, at least that’s what lawyers have been told they are supposed to believe. Not only that, but the message has been that there shouldn’t be any money in representing homeowners at risk of FRAUDclosure. It’s as if attorneys profiting from representing homeowners at risk of FRAUDclosure is somehow a bad thing.

AND THAT’S JUST 100% BANKER-INSPIRED B.S.

Don’t you see what’s happened here? We’ve allowed the banks, and the government that’s been bailing them out, to essentially criminalize the profit potential in representing homeowners at risk of foreclosure… and wonder of wonders, miracles of miracles… here we sit with what appears to be an unsolvable problem.

Consider this… bankers say that they’ve been overwhelmed by the millions of homeowners unexpectedly seeking loan modifications and that’s why applying for a loan modification has been such a nightmare. But, what about the number of foreclosures occurring in the same time frame? Haven’t there been an unprecedented and unexpected number of foreclosures too? So,why is it that the banks have no problems accommodating the millions of unexpected foreclosures, but the millions of unexpected loan modifications represent an unsolvable problem?

It’s simple… because on the foreclosure side of the equation, banks allow lawyers to be profitably compensated for handling foreclosures, and sure enough those law firms have figured out how to handle any number of foreclosures that come down the pike… in fact, the more the merrier, as they say. On the loan modification side of the house, however, profits are a dirty word… and wouldn’t you know it, the problem is unsolvable. Why am I not surprised?

Over the TWO YEARS following the Deepwater Horizon disaster, BP spent $21 billion to clean up the Gulf of Mexico. In the FOUR YEARS since the tsunami of foreclosures began, we’ve spent roughly ten percent of what BP spent cleaning up the Gulf… $2.4 billion… and the vast majority of that amount paid to mortgage servicers… and we’re wondering why the problem can’t be solved?

A MESSAGE TO OUR NATION’S LAWYERS…

It’s the biggest financial opportunity for the legal profession

SINCE THE REAR END COLLISION.

The fact is… there is a HUGE OPPORTUNITY today to build a very profitable legal practice based on the ethical and effective representation of homeowners caught in the FRAUDclosure crisis.

From the very beginning of the mortgage meltdown, banks have tried to make sure that homeowners were not represented by attorneys when trying to save their homes from FRAUDclosure. The reason is now apparent: Banks knew it was a FRAUDclosure crisis before the rest of us did because they’re the ones who put the FRAUD into FRAUDclosure. From the earliest days of the crisis, the banks and the Obama Administration have been reinforcing TWO LIES:

Homeowners at risk of foreclosure don’t need lawyers… they can just call their bank directly. That’s like the police telling someone under arrest that he or she doesn’t need a lawyer because any questions can be answered by the District Attorney. It’s a damn lie… homeowners DO NEED LAWYERS to help them save their homes because it’s not just a foreclosure crisis, it’s a FRAUDclosure crisis.

A lawyer who charges a homeowner at risk of foreclosure up front… is a “SCAMMER.” That is not only a LIE, but it’s a lie to achieve two key bank objectives. One – It stopped many homeowners from seeking legal representation, thus allowing the banks to do whatever they wanted as related to foreclosing on their homes. Two – It stopped countless attorneys from building a profitable practice based on representing homeowners at risk of foreclosure.

The California Example…

In California, the efforts to stop lawyers from representing homeowners have been more extreme than in any other state. Here the campaign to malign the legal profession has been driven by legislative committees and supported by the California State Bar Association. In October 2009, California’s SB 94 created a law that has effectively prevented lawyers from offering to represent homeowners who are seeking to avoid foreclosure through modification of their loans. Under the guise of “charging up front makes you a scammer,” SB 94 has made it illegal for a lawyer to charge a homeowner an upfront retainer for legal fees.

Quite predictably, the law has made it difficult or even impossible for California homeowners to find quality legal representation related to seeking loan modifications, forcing those at risk of foreclosure who want to be represented by an attorney into either litigation or bankruptcy. Writing for The New York Times in December 2010, David Streitfeld’s article titled, “Homes at Risk, and No Help from Lawyers,” described the situation in California related to SB 94.

In California, where foreclosures are more abundant than in any other state, homeowners trying to win a loan modification have always had a tough time.

Now they face yet another obstacle: hiring a lawyer.

Sharon Bell, a retiree who lives in Laguna Niguel, southeast of Los Angeles, needs a modification to keep her home. She says she is scared of her bank and its plentiful resources, so much so that she cannot even open its certified letters inquiring where her mortgage payments may be. Yet the half-dozen lawyers she has called have refused to represent her.

“They said they couldn’t help,” said Ms. Bell, 63. “But I’ve got to find help, because I’m dying every day.”

Lawyers throughout California say they have no choice but to reject clients like Ms. Bell because of a new state law that sharply restricts how they can be paid. Under the measure, passed overwhelmingly by the State Legislature and backed by the state bar association, lawyers who work on loan modifications cannot receive any money until the work is complete. The bar association says that under the law, clients cannot put retainers in trust accounts.

To make matters worse, SB 94 has recently become controversial. In late September 2011, Suzan Anderson, who is the supervising trial council of the state bar’s special team on loan modifications, made an unscheduled appearance at the bar’s annual conference, presenting what she purported to be the bar’s new interpretation of SB 94. Literally hundreds of attorneys and legal scholars disagree, however, and litigation has recently been filed against the bar seeking declaratory relief, so we’ll soon see the courts decide the issue.

The core issue is about when a lawyer who represents a homeowner trying to get their loan modified can be compensated. The bar claims the law requires an attorney to wait until the very end of the case, however, the actual language contained in SB 94 doesn’t say that… it says lawyers cannot be paid until completing “any and all services (the lawyer) has contracted to perform…” Up until Ms. Anderson’s presentation at the annual meeting, lawyers were dividing services into separate contractual arrangements and accepting payments from homeowners as discreet sets of services were completed.

Regardless of which side of the debate you’re on, the issue highlights how far the banking lobby will push a state legislature and state bar association in an attempt to prevent homeowners from being represented by legal council when trying to to avoid foreclosure, and it should come as absolutely no surprise that SB 94 was born in the state’s Senate Banking Committee, sponsored by Sen. Ron Calderon, who chairs that committee.

Advocates of SB 94 claim that it was needed to stop “scammers” who were preying on homeowners in distress from accepting up-front fees. As quoted from Streitfeld’s article in The New York Times…

A spokesman for the Mortgage Bankers Association said it simply wanted to protect homeowners from fraud. “Be very careful about anyone who wants you to pay them to help you get a loan modification,” said the spokesman, John Mechem.

The evidence of any sort of army of lawyers-turned-scammers ripping off homeowners has always been thin, and by “thin” I mean nonexistant. In the two years since the bill became law, the bar has taken some type of disciplinary action related to the representation of homeowners in foreclosure against two dozen lawyers, give or take a few. In a state with more than 200,000 lawyers and 2 million homeowners in foreclosure, two dozen lawyers disciplined would hardly seem justification for a law that effectively prevents lawyers from helping homeowners get their loans modified.

Last December, Suzan Anderson, who heads up the bar’s task force on loan modifications, told The New York Times…

“I wish the law had worked,” Ms. Anderson said.

It’s also telling that no other state in the country has a law anything like SB 94, in fact, the rest of the states follow the FTC’s Mortgage Assistance Relief Services rule, MARS, which was adopted on January 30, 2011, and it does allow attorneys representing homeowners seeking loan modifications to accept funds in advance into their trust accounts.

The New York Times article also offered the perspective of several California homeowners seeking legal assistance in a post SB 94 world…

Mark Stone, a 56-year-old general contractor in Sierra Madre, feels differently. A few years ago, he got sick with hepatitis C. Unable to work full time, he began to miss mortgage payments. The drugs he was taking left him “a little confused,” he said.

Mr. Stone knew that his condition put him at a disadvantage in negotiations with his bank. So he hired Gregory Royston, a real estate lawyer in Redondo Beach. It took Mr. Royston nearly a year, but he restructured the loan.

Without the lawyer, Mr. Stone said, “I’d be living under a bridge.

”The legal bill, paid in advance, was $3,500. “Worth every penny,” said Mr. Stone, who is now back at work.

“This law,” Mr. Royston said, “took the wrong people out of the game.”

A Bleak Picture in California…

California’s approach to discouraging lawyers from representing homeowners at risk of foreclosure has not served the state or its residents well at all. California is the “hardest hit” of all 50 states, accounting for one of every five foreclosures in the U.S. Almost half of California’s homeowners are either underwater or effectively underwater today. Since 2008, there have been 1.2 million foreclosures statewide, and that number is expected to exceed 2 million by the end of 2012. And, according to the report published by the California Reinvestment Coalition…

The 2 million foreclosures expected by the end of this year are forecasted to cost the state and its residents $650 billion statewide.

Today, in California alone there are roughly TWO MILLION homeowners in foreclosure. I don’t know exactly how many we have nationwide, estimates vary, but are in the 5 million range. I do know that if two million people needed just 10 hours of legal assistance, it would take 20 million man hours. Assuming a six hour work day and a 260 day work year… that’s just under 13,000 years assuming only one lawyer were involved. To help two million people, assuming 10 hours each, at best would require more than 10,000 lawyers trained and working efficiently.

How many attorneys do we have trained and ready to help loans get modified, represent homeowners in foreclosure defense matters and/or in bankruptcy. Nowhere near 13,000 that’s for sure… in fact, we might not find 1300 either… and many would say the number could be closer to 130, and with the proliferating fraudulent documents… the abuses by servicers… the number of people who are foreclosed on illegally… its become easy to see the disease, and trained ethical lawyers would seem the only cure.

Mandelman out.

~~~

We need a literal army of experienced litigators, and Max Gardner’s Bankruptcy Boot Camp has trained close to 900 attorneys to protect the rights of homeowners in foreclosure. I’ve attended Max’s Boot Camp… I could never recommend it strongly enough… and often do. But, there’s more than legal training that’s required here… and if we’re going to attract the number of lawyers we need to fight this war…

The Answer is Money…

What Was Your Question?

Ohio’s former Attorney General Marc Dann is a highly experienced foreclosure defense attorney and a graduate of Max Gardner’s Boot Camp. He’s proven in his own successful practice that lawyers have the opportunity to DO GOOD… and DO WELL at the same time by learning the ins and outs of this, unfortunately, very fast growing and specialized field. And he’s developed a comprehensive training and ongoing support program that allows experienced foreclosure defense attorneys to immediately access new clients and the right clients, improve operations within their firms, and yes… increase their profitability dramatically.

Marc understands our need for an experienced army of foreclosure defense lawyers, but he also understands the reality that lawyers have to make money in order to operate effectively. In a phrase, a lawyer that can provide effective representation for homeowners at risk of foreclosure today, should not be worried about losing his or her own home to foreclosure because that benefits no one.

So, Marc has developed and employed best practices in building his own successful foreclosure defense practice, and now he’s teaching other attorneys how to make money in foreclosure defense so that ultimately he will have provided countless thousands of homeowners all over the country with access to highly capable, ethical and experienced attorneys.

Marc Dann’s LAW PROFITS program will take experienced and effective attorneys committed to foreclosure defense and protecting the rights of homeowners, and help transform them into vibrant, profitable firms or individual legal practices. Some of the innovative solutions Marc will be delivering include:

How to cut through the noise created by scammers, reaching out to homeowners in a very honest and compelling way.

When and how to sue the bad modification company or bad lawyer.

Suing the foreclosure mills for fun and profits.

Using Fair Debt Collection Practices and State Consumer Protection.

Learn about the new practices available under Dodd Frank.

Harnessing TILA and RESPA inside and outside bankruptcy court.

Unconventional approaches stay one step ahead of servicer practices.

Billing structures, methodologies, and practice accounting.

Designing compensation programs that balance the needs of homeowners with the needs of your firm.

Never lose clients – Ongoing communications program that’s turn-key and educates clients so they become fans.

Fee agreements – for contingency and hourly clients.

Become part of a highly visible network of top foreclosure defense attorneys, and strategic partners.

Making little or no money in foreclosure defense isn’t doing your clients any favors because you cannot be your best without it. Marc Dann’s LAW PROFITS is not a pot of gold, or a winning lottery ticket, but it is a proven process and suite of best practices that makes a law practice profitable… essentially immediately. It’s work, no question about it, but it’s important and gratifying work.

I wholeheartedly support Mar’c Dann’s LAW PROFITS initiative. And I strongly urge all of the lawyers reading this to take action now by clicking the link below, so you can find out more about what his LAW PROFITS program for foreclosure defense and bankruptcy lawyers can do for you and your firm. The FRAUDclosure crisis and its ancillary topics, I’m sorry to say, are going to be with us for a long time… a decade plus, if we’re lucky. Longer if we’re not. It’s time to settle in and start capitalizing on being one of the best at solving on of the worst case scenarios.

Click below to find out more about…

Marc Dann’s

90% Foreclosures Wrongful

A wrongful foreclosure action typically occurs when the lender starts a non judicial foreclosure action when it simply has no legal cause. This is even more evident now since California passed the Foreclosure prevention act of 2008 SB 1194 codified in Civil code 2923.5 and 2923.6. In 2009 it is this attorneys opinion that 90% of all foreclosures are wrongful in that the lender does not comply (just look at the declaration page on the notice of default). The lenders most notably Indymac, Countrywide, and Wells Fargo have taken a calculated risk. To comply would cost hundreds of millions in staff, paperwork, and workouts that they don’t deem to be in their best interest. The workout is not in there best interest because our tax dollars are guaranteeing the Banks that are To Big to Fail’s debt. If they don’t foreclose and if they work it out the loss is on them. There is no incentive to modify loan for the benefit of the consumer.

Sooooo they proceed to foreclosure without the mandated contacts with the borrower. Oh and yes contact is made by a computer or some outsourcing contact agent based in India. But compliance with 2923.5 is not done. The Borrower is never told that he or she have the right to a meeting within 14 days of the contact. They do not get offers to avoid foreclosure there are typically two offers short sale or a probationary mod that will be declined upon the 90th day.

Wrongful foreclosure actions are also brought when the service providers accept partial payments after initiation of the wrongful foreclosure process, and then continue on with the foreclosure process. These predatory lending strategies, as well as other forms of misleading homeowners, are illegal.

The borrower is the one that files a wrongful disclosure action with the court against the service provider, the holder of the note and if it is a non-judicial foreclosure, against the trustee complaining that there was an illegal, fraudulent or willfully oppressive sale of property under a power of sale contained in a mortgage or deed or court judicial proceeding. The borrower can also allege emotional distress and ask for punitive damages in a wrongful foreclosure action.

Causes of Action

Wrongful foreclosure actions may allege that the amount stated in the notice of default as due and owing is incorrect because of the following reasons:

Any time prior to the foreclosure sale, a borrower can apply for an injunction with the intent of stopping the foreclosure sale until issues in the lawsuit are resolved. The wrongful foreclosure lawsuit can take anywhere from ten to twenty-four months. Generally, an injunction will only be issued by the court if the court determines that: (1) the borrower is entitled to the injunction; and (2) that if the injunction is not granted, the borrower will be subject to irreparable harm.

Damages Available to Borrower

Damages available to a borrower in a wrongful foreclosure action include: compensation for the detriment caused, which are measured by the value of the property, emotional distress and punitive damages if there is evidence that the servicer or trustee committed fraud, oppression or malice in its wrongful conduct. If the borrower’s allegations are true and correct and the borrower wins the lawsuit, the servicer will have to undue or cancel the foreclosure sale, and pay the borrower’s legal bills.

Why Do Wrongful Foreclosures Occur?
Wrongful foreclosure cases occur usually because of a miscommunication between the lender and the borrower. Most borrower don’t know who the real lender is. Servicing has changed on average three times. And with the advent of MERS Mortgage Electronic Registration Systems the “investor lender” hundreds of times since the origination. And now they then have to contact the borrower. The don’t even know who the lender truly is. The laws that are now in place never contemplated the virtualization of the lending market. The present laws are inadequate to the challenge.

This is even more evident now since California passed the Foreclosure prevention act of 2008 SB 1194 codified in Civil code 2923.5 and 2923.6. In 2009 it is this attorneys opinion that 90% of all foreclosures are wrongful in that the lender does not comply (just look at the declaration page on the notice of default). The lenders most notably Indymac, Countrywide, and Wells Fargo have taken a calculated risk. To comply would cost hundreds of millions in staff, paperwork, and workouts that they don’t deem to be in their best interest. The workout is not in there best interest because our tax dollars are guaranteeing the Banks that are To Big to Fail’s debt. If they don’t foreclose and if they work it out the loss is on them. There is no incentive to modify loan for the benefit of the consumer.This could be as a result of an incorrectly applied payment, an error in interest charges and completely inaccurate information communicated between the lender and borrower. Some borrowers make the situation worse by ignoring their monthly statements and not promptly responding in writing to the lender’s communications. Many borrowers just assume that the lender will correct any inaccuracies or errors. Any one of these actions can quickly turn into a foreclosure action. Once an action is instituted, then the borrower will have to prove that it is wrongful or unwarranted. This is done by the borrower filing a wrongful foreclosure action. Costs are expensive and the action can take time to litigate.
Impact
The wrongful foreclosure will appear on the borrower’s credit report as a foreclosure, thereby ruining the borrower’s credit rating. Inaccurate delinquencies may also accompany the foreclosure on the credit report. After the foreclosure is found to be wrongful, the borrower must then petition to get the delinquencies and foreclosure off the credit report. This can take a long time and is emotionally distressing.

Wrongful foreclosure may also lead to the borrower losing their home and other assets if the borrower does not act quickly. This can have a devastating affect on a family that has been displaced out of their home. However, once the borrower’s wrongful foreclosure action is successful in court, the borrower may be entitled to compensation for their attorney fees, court costs, pain, suffering and emotional distress caused by the action.

Like this:

-According to my lender, my primary residene was “sold at auction on 1/20/09”.
-Prior to that, I didn’t receive any recent notice of default nor notice of sale. I was supposedly in the modification process.
-Anyway, on 1/23/09, a real estate agent was offering me money ($2000) to move out. I didn’t take the offer.
-The following week, a “3-day” eviction notice was posted on my door and I received exact notices in my mail.
– I called the LLC company who sent the eviction notice and told them I can’t move in 3 days. They said they understood and that it’ll take about 45-60 days for the process to continue before a sheriff would come out.
– Went to the county recorder’s office and didn’t see any recordings of a sale on 1/20/09 for my property.
– My house is already listed on the real estate agent’s site and it’s making me really anxious.

Please advise me of my options. I want to fight the lender. I really don’t want to lose my home.

The next housing shock
FEDERAL COURT JUDGE & WELLS FARGO BANK COMPLICITE IN FRAUDULENT DOCUMENT COVER UP.
5, JULY 2013 WRITER
On May 11, 2010, Lamont Johnson a Sacramento, California picky pay loan victim filed an action against Wachovia Bank FSB and its agents in the Northern District of California. Facing foreclosures and evictions by Wells Fargo Bank Johnson with little cash attempted to become a part of a pending Class Action case filed in the Northern District before Judge Jeremy Fogel (Mandrigues v. World Savings Bank, Inc., et al.) Upon Filing his case, Johnson immediately served Wells Fargo banks, Unlawful Detainer Attorney, Fred Kaiser. Wells Fargo Attorney Kaiser ignored the complaint. Johnson’s case was subsequently transferred from the Northern District to the Eastern District of Sacramento on October 21, 2010 Case NO. 2:10-cv-02839, Johnson vs. Wachovia Bank FSB et al. Johnson initially filed his case Pro Se and later hired Attorney Roxanne Mosley. Mosley represented Johnson for a short period of time eventually abandoning Johnson’s case.
On or about August 31, 2011 Johnsons case came before newly appointed Eastern District Court Judge Carolyn Delaney. October 6, 2011 Delaney filed an Order to Show Cause. On October 21, 2011 Johnson filed a Substitution of Attorney and a response to the Delaney Order to show Cause. Just entering the case, Johnson had been requesting from Delaney time to restructure and update his claim because there were defects in his First amended complaint and so much more violations that had occurred since Johnson’s original filing. Delaney denied Johnson that opportunity and on April 11, 2012, Document Query 46, Delaney ordered Johnson to Serve on Defendants Wells Fargo Bank Johnsons defective complaint drafted by Johnson’s previous Attorney Mosley. Defendants Wells Fargo Bank after being served immediately filed a Motion to dismiss. Delaney thereafter decided on her own and in violation of her oath, her duty and the law, set Johnsons case on a course to intentionally dismiss his case.
As Johnson filed his opposition to Defendant Wells Fargo Banks, Motion to dismiss, Johnson attached his proposed Second amended complaints to his answers, despite Delaney’s attempt to stop him from repairing his claims. Johnson added claims of Quiet Title, Racketeering under Rico, Mail Fraud, Wire Fraud, Conspiracy to foreclose using false and fraudulent document and affricatives. Johnson attached documented evidence showing that Wells Fargo Bank employees robo-signed and used forged and false documents to foreclose. Some of Johnsons attached evidence show that documents were notarized but not even signed. Johnson even attached documents that were back dated. To top it off, Johnson showed that defendants made a material alteration on his Deed of Trust for his Yorktown Property. It was changed from its original form and filed with the wrong address. Johnson’s Yorktown property Deed of Trust clearly illegally had an unreferenced attachment to it in an attempt to repair the defect in the legal description. The attachment was done after Johnson signed the contract. What was most difficult for Johnson to deal with was that he was disabled and going through a major depression and stress at the time and seeking counseling. Johnson always informed Delaney in his documents to be patient with him because he was going through this and it will take him more time to complete his Second Amended complaint. Delaney ignored Johnson’s documents.
On September 12, 2012 Delaney moved forward with defendant Wells Fargo’s Motion to dismiss trail. Transcripts show that District Court Judge Delaney conducted the trial to look procedural, but it was a sham trial. Despite all the evidence of fraud , and serious causes of actions Johnson claimed, Delaney intentionally and in violation of her oath and Duty suppressed all Johnson’s arguments, case law, arguments and evidence and refused at the hearing to allow any allegations of fraud to be put on record. Delaney asked both Johnson and Defendants Wells Fargo one main question. What is your legal theory? Delaney thereafter dismissed Johnson’s unfinished second amended complaint on the spot.
The mistake that District Court Judge Delaney made was that she drafted, filed and mailed fraudulent Findings and Recommendations conclusion order #65 that dismissed Johnson’s case by intentionally misrepresenting Johnson’s legal theory and by suppressing Johnson’s legal arguments and Fraud evidence that were attached to his complaint. Delaney intentionally drafted her order to construe around case law and evidence Johnson presented as if they did not exist. District Court Judge Delaney knew of Defendant Wells Fargo Banks fraudulent activities. They were common knowledge. Delaney’s employer along with 49 other States Attorney Generals, were part of a nationwide Class Action which identified the same fraudulent conduct by these same defendants. Delaney intentionally suppressed Johnson’s evidence because she did not want a Pro Se Plaintiff (Johnson) to win his case. District Court Judge Delaney knew that if she acknowledged verbally or in writing the fraud that she would be required to leave Defendants Wells Fargo Bank right where they stand without a defense. Delaney refused to allow this to happen as duty required her to do. In fact, in Johnson’s current appeal, he claims that the District Court altered the trial transcripts when it found out he was going to appeal the decision. All allegations are on the online Pacer cite. The Courts suppression of the banks fraud is clear. Johnson’s appeal outlines the Courts legal violations. Johnson is currently awaiting the appeals Court ruling in the ninth Circuit in Sacramento, California. Johnson believes that the appeals Court will help the District Court Judge cover up her fraudulent conduct. Watch for yourself. This will make Johnson a victim again and never hold the banks liable. In California, no person has won a Quiet Title Claim in our Eastern District Court. This can only be intentionally done and created by the District Courts own agenda policy because it is not by law. Johnson filed documents in the Appeal Courts that show that The District Court Judge was acting unlawfully. Johnson showed that the Judge regularly dismisses Pro Se Plaintiffs cases whom showed the Court Fraudulent documents. The Courts are trying to stop the flood of cases being filed by violating the Constitutional right to a trial of the Plaintiffs even when it sees the fraudulent documents. It is not suppose to do this. This is not the Courts job and it is illegal.

This is because the judges retirement plans, as are most state employees such as district attorneys etc.,
Are heavily invested in MBS, ABS and bank stocks.

These individuals will not do anything to disrupt their retirement plans and the year over year income made on the plans.

The same is true of federal judges, some of whom have over a million dollars each in their retirement plans.
Federal employees – same thing on investments.
Go look at CALPERS and see the MBS listed as investments.

There is no way the judges will allow a homeowner win. Truth does not matter.

And look around on what our state AG Kamala Harris says on her site about the National Mortgage Settlement.
She says that, essentially, the settlement will preserve or protect the state retirement plans. ( words to that effect).

Homeowners who were victims of unscrupulous originators really are up the creek. Does not matter how much fraud we have endured.

Judges should recuse themselves, but then who could handle these cases?

Instead we learn some judges are investing in buying up foreclosed homes!!

I almost forgot. I’m a disabled veteran with an autistic child. My home loan was not a VA loan. If worst comes to worse, is there any way, with my now poor credit, I can buy back my property from the “new owners”.

I am in the same situation. Try to buy your home back with the VA loan It is easier if you do this before the fraudelent owners sell the house. Try a quiet title
Stan
Wi
Try to get you VA disability raised. Hire a VA attorney.
Did you know u can buy a 1 to 4 family apt building on you can have up to 4 houses on a single lot as long as you live in one?

Timothy, the So. Calif. line is unreachable.
I have a sale date of June 1. No substitution of trustee has been filed. UBS AG, my lender is under scrutiny of the FBI for Mortgage Fraud, Tax Fraud and Securities Fraud. I need a stay of execution. Have already typed the ex-parte and Injunciton. They have violated Respa, Tila, and did not allow me to use the notice of rescission at the start of the loan. This is a predatory lender at the worst. Violated Cov. code sec. 2923.5. Refused to talk to me by hanging up, yelled at me for asking for a statement after making a payment. Refused many, many phone calls. As soon as I filed a Notice of Non-compliance, they filed a NOD. Can’t find a lawyer who knows about all this. I am a Notary for Loan Specialist, Certified Loan Processor, Certified in Escrow II. A Forensic Audit has revealed a host of Federal Violations.

Our company is in So. California, HOPE 78, and we have been Very Successful in assisting so many Homeowners over the past 3 yrs, in Stopping the Foreclosure/ Trustee Sales on all Homes!!! We can STOP the Foreclosure Sale even 5 days before!!!

For Future Reference if You or anyone You know is Fighting to keep their Homes, in Cali, Nevada, Arizona, then Please refer them to us so we can assist them.
Our Consultation is Free! Our Services are Solid and we Guarantee our work.
or, Your Money back.
Our Consultants are here to help You, answer Your questions, and explain all Your Options and Your rights!

I regret to inform you that we are unable to make the appointment today due to taking care of my 1 year grand-daughter as my 18 year old daughter is on her grad-night trip and also my grand-daughter falling last night and busting her lip and cheek.

We apologize for any inconvenience of canceling the appointment may have caused on you as it was not my intention to cancel.

We would like to thank you for taking the time to meet with us at a short notice but as you can see per our conversation that we are desperately in need of help.

We would also ask if you would be so kind to still meet with us or if possible we can fax over the information the court had on file as we were not served with all the documents. Also, if I may ask you a question regarding the Writ of Execution and Notice to Vacate, which indicates that Judgement entered on 4/15/09 and served on us on 4/15/09 but according to the Court Trial Minute Order issued by the Judge on 4/9/09, which states “LOCKOUT STAY TO 4/23/09” yet Plaintiff served us with the Writ of Execution on 4/15/09.

Can they do that?

Once again we thank you for taking the time to speak with and would greatly appreciate it if you can assist us is stopping the eviction that is currently set to occur on 6/13/09.

I went ahead and paid the $5.00 for this and was wondering did anybody else find errors in the document..
Ie: is there 5 days to answer a U.D. or 1 day?
Is it true that if there isnt a bid 2/3rds of appraised value the Auction has to be rescheduled? For the banks benefit only or the Owner’s?
In my case 2/3> of the value would have been in my benefit because I had a large amount of equity, I want my property back anyways its just speculating..

I have read quite a few of your comments and your house situation, and I believe somewhere you had a easy to read step by step process article…
I am so confused by all of this and cant find that article and I have got to file something with the court tomorrow. If you could e-mail me that link I would be grateful thank you.
Mike

Tim, regarding section 109(h)(3) – EXEMPTION to Consumer Credit Counseling Certification: I’ve read it and it appears to be a LIMITED EXEMPTION. In order to get this EXEMPTION you must file an emergency filing to prevent a harm – unlawful detainer, foreclosure or trustee sale. You MUST file a Declaration of Extigent Circumstances and a NOTICED MOTION regarding the Exemption. The court will determine if it will grant a permanent exemption. It is not clear if that Declaration must be filed at the time of filing or if you have 15 days to get that in. In any event, as an individual or joint debtor Credit Counselling IS required. Mental defect will get an EXCEPTION, however, it appears moot as the legal guardian should then be responsible to act on the debtor’s behalf. Please advise if my analysis is even remotely correct. Thank you so much. I wish I had all this info in 2006 when I filed my case. Thank you.

Thank you Tim! Is there any way to get samples of your complaints and docs? ?They appear encoded from the website. I have a unique situation I think because New Century transferred my property to OCWEN on the same day it filed chapter 11, while in active litigation with me in Fed court. I sued Ocwen. Judge determined that I had to sue New Century not Ocwen, so I am in Delaware in an adversary in the Bk court feeling like an inmate who keeps droppin the soap. (You feel me on that?) In the meantime, I filed chapter 13 locally and filed an adversary against OCWEN (and now I think I have to include DB STRUCTRED Products whom OCWEN transferred the property to and claimn is the mortgage holder. – BUT I am alleging that the initial transfer to Ocwen was MOOT so subsequent transfers invalid. Hard work – I so respect attorneys!) I have a lis pendens on my property, not in foreclosure but why wait till foreclosure? I want to wrap this up asap. Any docs you think I should review please email directly to me at blaqrubi@yahoo.com or lesliepatrice@yahoo.com. Thank you so much for this great site. I have shared with many others. Leslie Marks

Leslie-HI, I am New Century victim too. I have had several hearings in Judge carey’s courtroom (via telephonic as I am in CA) in Delaware. Not having much success. Two weeks ago I did a Motion to Lift Stay on New Century to see if I could proceed with discovery as I did name New Century in my CA complaint.
NO WAY. I have something which might be helpful to you. What steps did you have to take to do the adversary proceeding in NCM BKR 11? Did you file a proof of claim. They claim to have lost mine. So, I have to refile and then
do a motion with judge carey to see if he will accept a late claim.

I also was on the court phone and Mr. Pierre Augustin had hearing prior to mine with judge carey. He also is a NCM victim. Pierre is a very sharp pro se gentleman. Anyways, he has an adversary proc. against NCM in carey’s court.

He and I have been emailing as we are dealing with mostly same players.
NCM, Deutsche Bank and Chase.

Abby, I would NOT refile a claim. They would have to FIND the original claim submitted or AGREE to allow it to STAND! They “lost” it so I don’t have a claim? And now the Court has GRANTED them the right to OBJECT to that claim when you file it??? What a crock! New Century is so funky you can smell the smog in California from Delaware!

Were you at the hearing where Judge Carrey said that New Century’s plan was Rejected but they are proceeding like it was approved? Unbelieveable! I thought I was listening to an episode of Boston Legal or some such comedy!

I believe I was appearing telephonically on the same day as You and Mr. Augustin. I have New Century and Ocwen. Check your

Check your email. Let me see if I can open the Second Amended Complaint, I don’t think I could. I tried to download and review all of Tim’s documents, I will do this while you are checking your gmail account. Where are U in California?

Abby and Tim: To successfully get a copy of the documents on this site, do not open them. Download and save to your desktop, I have gotten each and every document this way. Sorry Tim, there is no need to reload the docs. (I just had a cup of coffee, which is my spinich…like popeye!) LOL

I’m under water on my home, and need a good lawyer in Oregon that total under stands on how to work with B.O.A. They are trying to give me a loan modification and its worst then ever . I had a Countrywide loan 1st and 2nd. which is now, B.O.A.. Do you no of any lawyers in Oregon, or can any lawyer from any state work with us. They just need to under stands how CountryWide screwed up and is willing to work with us. My time is short. Thank You

Tim, I looked up the lawyers in Oregon, that are on you list. We went and talked to one, he doesn’t ” GET IT ” I called the 2nd lawyer, and asked him about Neil Garfields programs, He doesn’t “GET IT”. He says he will not get involved. So I called the 3rd lawyer. His phone is disconneted. I think you need to take this guys off of your list. Question, Can a lawyer from a differant state Help us? My time is very short, looking for some one that will help us as soon as possible. Do you no any lawyer that you could personally recommend?
Thanks

I went and talked to 1 lawyer that was on you list, called the 2nd lawyer, and they don’ get it and don’t want any thing to do with it. Called the 3rd lawyer and his phone was disconnected. Why would this lawyer even be on the list? Do you personal know of any lawyer in this state that will work with us. I know we have a good case, we just need the right connections. Can he be from a differant state?
Thanks

I just received a modification from AHMSI (my attorney states it is great and the best they can do.
It is a 2% step program ; our loan is 629K and they are capitalizing 51K at the end of loan so our new loan amount is 680K (all numbers approx). Our new payment would be 3324.90 starting in Dec. Wow now that is going to kill us. Some help is what I say. The attorney is asking for 2400 for the modification. Do I have a right to decline the moficiation?
Will show me the note be valid procedure in CA and should I send request to AHMSI?
Do I have a right to request all communication between the attorney and Ahmsi; on our behalf
Please help, getting so stressed and sick; we are short sale our other property because they said they would not work with us with 2 properties. That file has been closed 3 times and it will be a year since starting the process. We had multiple offers and the current one is a cash offer. DISGUSTED IN CA.. We really want to keep our home.

Oh I am sorry I currently did a estimate on zillow.com and it stated our home is worth 497,500 the site said to subtract 59K (this is how much it cost the lender to foreclose) so our home is 438,500 which is in the right ballpark of what some houses are going for, some even less. Can I ask and request the mortgage company to modify at that rate? According to Civil code 29236 it states they should be working with us. why don’t I see it.

Please give me your advice on my situation. My homeowners association, filed a lien, trustee sale, and an auction date for 9,200.00 It did not sell. When a notice was placed on my door, I had a tenant in the unit. The tenant stopped paying me the rent. I requested that he move so I could do a short sale. He said he wouldn’t move cause it was no longer my property. I wrote a hardship letter requesting an extension. It was denied. I offered a settlement, that was denied. I had personal belongings in the property that I allowed the tenant to use. Before my 90 day period was over to reclaim the property, I wanted to retrieve my belongings. The association told the tenant he would be liable to replace anything that was taken. I was told by HOA that my belongings were abandoned. They were never abandoned. The tenant did not pay me any rent but pays the Association to live there. The locks were changed. I don’t know if the tenant or the association changed the locks. I was locked out but my name is still on title. I was advised to file bankrupty to stop HOA from taking the property after the 90 day period. I filed bankruptcy, chapter 7. HOA then let me inside to retrieve my belongings. The bank has began sending me mortgage statements, it’s in foreclosure as well. I’ve been told the bank cannot interfere w/the homeowners association and I need to settle w/the association, then deal w/the bank to try to modify my loan. The tenant is still living there, it’s been over a year. He has developed a relationship with the HOA. I’ve been advised that being the HOA did not properly serve me with an eviction or notify me of locks being changed, that it is unlawful in California. I don’t know if HOA or the tenant changed the lock. I feel like I don’t have any say-so with this matter with the HOA being involved. Secondly, I don’t live there. Do I have any rights as the “title owner?” I’ve heard I have rights to the property, if so, what are they ? The tenant knows exactly what he’s doing, which is why he’s still there. Is this true ? I’ve been told to “fight” to get my house back what are my recourses? I’ve been advised to write a complain to the state attorney general. What will that do? Is the only way to get the property back it to pay the $9000, if I had it, then give the tenant a notice. It seems the HOA has superceded the bank and they are in total control. What legal rights does the tenant have although I’m on title. Please give me clarity through all the confusion. Thank you Tim

By the way, almost forgot, if my house was bought by third party, is that third party subject to litigation as well and is what is the difference of filing California RESPA and Federal RESPA, pls. advice…urgently needed.

I like this lawyer, he seems to have what it takes I remember him from the early days on Neil`s blog. I hope you homeowners from CA hire this dude to fight for you. Great site or blog keep up the good work Sir.

If a home in los angeles county is in foreclosure, with an nod already filed along with a substition of trustee, does the trustee company have to refile a new substitution reflecting the new beneficiary if the beneficary has changed? My understanding is that the original sub of trustee is now incorrect since the bene’s have changed in mid foreclosure. Please share your thoughts on this. Thank you

I have been looking for someone who gets it! We have a nice home in Modesto, we left several years ago and moved to Sunnyside,Wa to be close to family. We made the fatal mistake of not asking for enough money. We had a BofA loan at about 120k – borrowed 355K to payoff the first, and pay cash for the WA property. We are now probably about to go into foreclosure in Modesto – the bank has just drained us of cash, plus the mkt in Modesto has been bad. My wife and I own the property jointly, and have been told that I need to move back into the property for the next 2 years, to avoid a taxable event – either a sale, foreclosure, or short sale. It is more complicated than that, but you get the idea, We requested $$ to do floor coverings, no way – so we have a property which is not marketable,nor rentable,or livable right now. Like I said, we have very little cash left – 2 yr forebearance – possible?
Paul Buerer

There are options depending on what stage of the foreclosure, what you really want to do with the home, the current difficulty you’re facing, some clarification on the things going on with the property etc.

I am going to SO CA to help my 75 year old lady friend to save her home of 45 years, I know I will be needing your help to stop the bankster, she is not in arrears.

You are the only lawyer I would trust in this, but gosh you must be too busy. I live in Miami at present, but I have followed your development for the past few years and I think you are the man, as a matter of fact I know you are the man for this.

No doubt that CA has powerful lawyers, considering the size of the plunder perpetrated thus far but I do not know anyone else nor do I trust anyone else.

Dear Timothy, between your site and Neil’s it is has given me the strength to keep fighting, well it seems I am dead in the water. My husband and I are small business owners hanging on by a thread. I wanted to ask if you might be interested in taking on our case against Countrywide and all the worker bees. I have had a forensic Audit and this has produced what only states the obvious. The home was sold back to B of NY on 10/2/2007 with claims of abandonment in order to cancel the Homestead that I put on this house in 2005. The broker had lied as to his correct affiliation and he had no current license until 2007 so this adds to the weight of his fraudulent connection with Countrywide as he took our information over the phone with almost lightening speed approval, He could not have possibly found us the right lender as he went no further than That’s right Countrywide. I did not discover that had it not been for Neil and you.I would have not know the true gravity of this crime had I not been for this information THANK YOU. But i have no doubt a slam dunk case but really need a slam dunk Attorney. I am in San Bernardino county Hesperia California and right now things are not moving as I have no idea if we had gone to Federal Court or not ,as when the Attorney went south and started to demand money for retainer(which) I have no problem with, but there not Trial lawyers. we are to pay everything gas, filings and fork over 45% if we win. instead of making us go to ULD and lose,then telling us to hide from the sheriff when they come, so my husband when out takes to the key guy and we got another 5 days. But the attorney take to them and I am not sure what was said,but next we were going to file a TRO in order to have this case heard. sending another Attorney at the last minute only to “lose” the TRO, and and just minutes until sheriff evict#2, the attorney office calls and says you don’t have to move? without anything to back this reason we were told they want to settle out of court. without any documentation I don’t know what to do.We are still in the house and we need help. we did everything that was expected we did learn a hard lesson and now is its pay back time. Also I would really like to see this move back into the present and make this a reactive crime. They lied and hurt a lot of people not to mention broke the Law. I really hope this is understandable, I have gotten seriousely ill and depressed I’m already disable with many heath conditions. thanks Oh and we were also taken by foreclosure scammer.

Mike; Great work. Its been very helpfull in understanding what these guys are trying to do. I am dealing with Wells Fargo and Ist American Loanstar Trustee. When I first saw smoke, I did the ‘ right to cancel’. Upon no response, did the’ quite claim’ and have repeatedly asked for ‘ the note’. The forclosure sale is in 1 month and has been put off once already. I have filed a claim(San Mateo, cal) and have sent claim to WF. Received their Demurr and am preparing a response in due time. Its set for feb22. However, the next sale is scheduled for feb8th. Went in for an Ex parte and they treated me like crap. I was intercepted by a court researcher clerk running interference for the judge, who literally told me i had no chance but a allowed the WF attorney present to ask me if I would put a bond for amt. owing. I said ‘ not at this time’ because accepting it would have admitted to their claim. I blew it sorta by not challenging the validity of the court and the attorney present. Won’t make that mistake next time. However……this is killing me mentally phyically and I have had cancer once allready. I will fight for what I believe in to the max, and do it myself if necessary. Can you recommend a stalwart attorney in my area ( San Mateo-ca) who will not userp my intentions and rights and who isn’t afraid of the system? Since we are in Admiralty Jurisdiction, or, a court of contract, I firmly believe that nothing but the original wet copy will suffice. Accepting defeat now would still mean paying taxs and who knows where/when and by whom the original note will surface demanding their payoff. Please help Obewan, your my only hope. Much obliged. jerry v

ps. also, since I saw no recent recordings on my property, I decided to lease(encumber) the home to my daughter. I did this with a 5 year lease, paid in full with a , yes, u guessed it, Promissory Note, Paid in full with ‘silver coin’. This I feel has been my only ace in the hole. Also, about 3 weeks ago, I answered to their modification calls, but when I told them that I too would be recording the call, i was told ” sorry fella, can’t resume with the call if your going to record it”, I replied, “what ever happened to the goose and the gander”?!!! Sure could use professional help.jerry v

I would like to know if you do Mortgage audits? if not, can you refer
one in the Los Angeles area. I think I got a major Predatory case against BofA, the violation involves the TILA and fraud.
Phil Latour

Is there room for a class action suit for the MERS and securitize mortgage fraud?

I am approaching a foreclouser situation (currently in negotiation on a short sale). I received a “smoking gun” letter from US Bank when I tried to modify the motgage last year. They said that they don’t own the mortgage because it had been securitized, and they could not modify the loan. If they don’t own the mortgage, then how could they have the right to foreclouse?

I don’t understand why the claim that a lender has violated the California Foreclosure Prevention Act is included in the lawsuit templates alleging that the plaintiff was entitled to a 6 month period between the Notice of Default and the Notice of Sale when we know that the law gave exemptions to all the loan servicers immediately after the law passed.

Does the Pro Se litigant make allegations when he knows the defendant is legally exempt?

a mortgage is a deed of trust that’s what i think also if you read the code it also says encumbrance

2932.5 Where a power to sell real property is given to a
mortgagee, or other encumbrancer, in an instrument intended to secure
the payment of money, the power is part of the security and vests in
any person who by assignment becomes entitled to payment of the
money secured by the instrument. The power of sale may be exercised
by the assignee if the assignment is duly acknowledged and recorded.

It would appear that the new law would make clear that the borrower would have a cause of action to void the sale and collect damages. It is my opinion that existing 2923.5 does this but this clarification would be good for barrowers

I was at my wit’s end when I learned on 2/2/10 that my home will be foreclosed and put on sale on March 1, after my loan modification was denied. I found out eventually that the loan modification process was botched and I really didn’t stand a chance. Then I learned of Tim McCandless Law Firm and I desperately wanted his firm to take my case…which they did after evaluating my dire situation.
They are very good. Before they even considered my case, they studied it in detail and immediately told me how they intend to go about saving my home, what process they will take to ensure that goal, and to stay with me until my HOME IS “SAFE” FORM ANY THREATS OF FORECLOSURE AND SALE. That is what really impressed me and I thanked God for leading me to people with integrity, care and concern for the downtrodden. They beat the March 1 deadline and I am still in my home and we are still continuing the process of saving my home.

Angela on 1/1/10 – this is Paul – I have talked to several people in Tim’s office. A NOD was filed in mid December – have spoken to loss mitigation several times in the last week – they want me to put together a modification request – they say it is not too late. Sale date is Apr 7……..We have been seriously hurt financially – perhaps terminally. Paul

I was served NOD recorded on 12/11/08 on 1/7/09 filed ch13BK but BK mill botched the case and we were dismissed in 10/09. On 11/10/09 a woman showed up on my doorstep saying that she worked for the agent who bought it at the foreclosure auction the day before. I was shocked to say the least. Then on 11/13/09 we were served a 3day notice to quit the premises. The UD was filed by Deutsche on 11/20/09 and I answered with the affirmative defense that they did not perfect the title. I requested the jury trial which was set for 3/8/10. When I got there, the presiding judge kindly heard me out about the violation of 2923.5(b) & 2932.5 which should have dismissed the case. But he didn’t have the time to devote to it so he sent us to dept 13 where the judge absolutely refused to hear it. He told me I didn’t have a chance at winning because he wouldn’t allow me to bring up the title in a UD action. I had to have a local real estate attorney with 45 years experience in our area come to just argue the motions to have the limited issues surrounding the title heard. The judge was adement about not allowing it. We all argued in chambers for over an hour about it because he didn’t even know what 1161a said about the right to a limited review of title in the case of former owners being foreclosed on. He pulled out his book to look it up but it was too lengthy he said to read it at the moment. I had to settle for 90days to refinance or move out. Now I’m working on the complaint against all of them. Can you help me????? Sacramento, CA

Are there any grounds – constitutional, federal, etc. – that we can begin to use to force sheriff’s departments to get out of the business of evictions/sales – they are public employees – if they participate in these events and they end up being illegal – then wouldn’t that make the sheriff’s dept involved with the illegal real estate activities? I don’t believe these deputies all across America want to do what they are forced to do; don’t we as citizens come first before corporate/banking entities – it seems to me if you really want to clog the works, you stop somehow the sheriff’s departments from being involved in the first place – there’s an achille’s heel to foreclosure problems – it’s take years for the banksters to figure out how else to get their foreclosures executed, etc. If there is no one to handle the execution!

Would it possible if you could show us how to VOID THE TRUSTEE
SALE/FORECLOSURE because the Servicers didnot comply with the new CA Law SBX8 38? Since you are receiving such praise, how about a sample templete, maybe put it on $CRIBD.COM for your bloggers. It is my feeling, that this can eliminate a lot of stress. Once the Servicers/Trustees are aware that they are being sued for a min. of $10,000.00 in damages plus a voided sale, this could grab their attention. (I often wondered, are the Servicers giving the Original Lender their part of the monies that they are collecting). Homeowners/Borrowers are hurting!!! Attorneys need to step-up to the plate and start Hitting for us. We are bleeding, because we are broke from Modifications, that’s a joke!! Short Sales, well, that’s for SNL. Mortgage Fraud is rampant and the Courts are branding UD Pro Se’s like cattle and kickin us in the @#$%$. If we can just get pass that AWFUL DETAINER COURT (smile) Everything is so routine for the Courts because there is nothing NEW, well there is, The Governor signed it. You are the only Attorney in CA, as for as I am concerned, that knows this process and will challenge the Court on behalf of your clients. Something diffrent in the air, the above mentioned law. California Legislature is finally “Getting It”. As you responded: “It would appear that the new law would make clear that the borrower would have a cause of action to void the sale and collect damages. It is my opinion that existing 2923.5 does this but this clarification would be good for borrowers” Well, We all have causes of actions. Not one of these Servicers/Trustees has or will comply to this LAW and will not, because they donnot have authorization to do so. BFP perfected title never happen. LET’S FACE IT!

GOD BLESS YOU AND EVERY CALIFORNIA MORTGAGE VICTIM AND ALL VICTIMS, EAST, NORTH AND SOUTH

We attended Neil’s Expert Witness workshop together. I am the third name down on the name list we all signed and I was the one sitting across the room from you at the first table recording the workshop. I was sitting to the right of Steve and Michael. I was wondering if you have a TRO/OSC that you could share with me, I need to prepare one and do not have a sample for the formatting. I have a foreclosure sale that I stopped last Friday, but the sale is reset for this Friday and I want to file for a TRO on the grounds the true Creditor is not the one that is being named the defendant in the TRO. To support that the def. is the Creditor they will have to overcome the issue that a Creditor cannot foreclose once the NOTE has been Securitized or the def. has filed false REMIC and SEC reports and is in direct violation of T26 §§§1, 860-865. You can contact me at 1-951-332-0270 or send all documents to palmdaleleon@yahoo.com. Thank you for your time Tim concerning this issue. Sincerely, Leon PS. “Please do not publish this e-mail”

Hello Tim, thank you for all of the excellent info on your blog. I want to know if you can represent me. I am beign evicted on 4-14-2010. The end lender foreclosed on me after I paid 7,000.00 out of the 7200.00 that I was behind the lender that foreclosed is where I had my 2nd mortgage.the home was auctioned and the lender purchased it for 50,000.00 and my home is valued at 350,000.00 its odd that no one bidded on my home and it was purchased for 50,000.oo. The home is located in san jose calif. I need to file bankruptcy, can you please represent me. My phone 408-726-4788.

Hi we are experiencing the intentional infliction of emotional distress from non judicial foreclosure proceedings. It was an alleged loan given out by AMERICAN MORTGAGE NETWORK INC a Delaware corp as FIRST AMERICAN TITLE INSURANCE as 1st trustee and MERS as a nominee and then CHASE HOME FINANCE picked up the loan and got a substitute trustee to have the auction on the court house steps we got a notice of this taped to our door the notice said they would sell on the 23 of february 2010 and so we started sending in a bona fide Administrative commercial claim because we were doing our duty to exhaust our administartive remedy first the claim was loaded even with a promissory note with 20% interest added to the alledged amount owed we gave them a commercial affidavit of truth and the whole time they never answered to the questions reguarding counterfeit securities and the contarct and if we had a contract and to produce the bilateral contract etc…. the whole time we did the process giving them 10 days to answer the first part and additional 3 days for the rest and another 10 to answer to the protest witch included and estoppel they never answered but said it was of no effect they. going back to the sale proceedings we created a clouded title sign and a non abandonment with a fee for entery on property of anyone they never had the sale on the 23 and they never posted the sale and the next day they sent us via fed ex a packet with deed of trust and a few other presentments that were attorney figures and the amount of the house and a section saying that the sale date was the 26 of february and then down below a date sayin the auction would be held on March 26 2010 and so we geared up for that everything that was sent would be sent back with accepted for value on it anyways we filed ch 13 bankrupsy on the 24 of march cause there was no let off from these predators so we could get a quiet title action in and the next day a paper was sent saying that they wanted to motion for lift of saty and to do forceable entry in the event that the stay is lifted the home they say was alledgedly sold to freddie mac on the 26th of february with out notice of the sale date while all along we were going by the date that they put on then same document saying the sale would be on march 26 2010 we just need releif or someone that might give us some information that could put a kibosh on this evil wickedness we know they use conversion on the notes by stamping them with pay to the order of as it would be a money order because you just created the credit

I failed to mention that we motioned for an extention of time on the ch13 and they sent a motion to lift and were working and are running out of time to object to their motion to lift and we want to put a quiet title in but i am stumped i have exhausted my know about what to fill in on the quiet title there are points that i dont know can you give me anyone who could give me basics or help me some way to get this and the objection from stay done we have until the 20th to put in the objection to lift stay but its gots some issues can you help thanks

Dear Tim,I am dealing with three different law firms. one is handling the Civil,the other is retained for the UD matter, and the third for the current civil matter. we have never received anything from the lawyer we retained back in 02/09 the son has made repeated and reckless and destructive decisions that have caused extreme stress,causing us to be completely unaware of that another eviction was on the way. When we contacted them we had placed several calls with no response until few days ago. My husband had no better luck with getting a decent answer as to the lack communication along with the badgering of money. we have been lied to and bullied as to the true facts of what they were doing with this case. I will be filling a complaint with the Bar as to the treatment and what unprofessional way we were left hanging with no legal representation, we were not even sent a letter of dismissal, We were told that a retainer of 3200. and it changed to 3200.00 all expenses and 40% contingency, I feel as if they are working for Countrywide money! money! we have given most of there retainer but have ta Well at this point I am so exhausted and disabled living in chronic pain I am feeling very defeated. If there is any hope for damage control we have a 6am eviction wake up call, I would appreciate the help. thank you and we wish the best for everyone. a huge thank you to Tim for all you have done. Denise in Calif

Denise
I am not sure what day is your 6am eviction. But…if it is not over the weekend or on monday….you may have a bit of a chance to buy more time in the home.

Go to your county clerk and see if you can apply (& you have to pay daily rent) for the extension. I had a friend who did this several times and was able to stay in the home for 45 days more. I don’t know all the particulars, but you have to have the cash to pay. Try to pay ahead for a good length of time.

Also, realize that you can file an appeal, but an attorney has to hurry to do this. I have no knowledge of your case or the date the writ was issued…probably several weeks ago. It might be that the time for an appeal has been missed, but you need to talk to an attorney asap.

Can you call Tim? He is one of the best for these situations. Last number I had for him 760-951-3663

Also, I believe he now has an office in Martinez CA.

ps – I am not an attorney but am relaying what I did in my UD. I filed my major Fraud, TILA, predatory lending case in Sup Ct of Ca. Next, I did a Motion to Consolidate the UD with the Fraud case and the UD judge did that.
So, no further UD until fraud case is finished.

Are you still taking any potential clients for helping with foreclosures? Our bank is Bank of America dba Countrywide. Both loans are NINA with negative ARM. Both houses are in foreclosures with 50% depreciation. I tried to do my own loan modification for over a year and it does not go anywhere. Can your company help? How can I contact you? I had tried calling the number listed and I can’t get through. Thank you.

I’m completely distraught!!! I just returned from the courthouse for an ex pate hearing to try and get a stay of judgment for possession of our home that has been in the family over 40yrs. Deutsche Bank retained McCarthy & Holthus from San Diego but they sent a local lawyer named Terry Brewer. She didn’t even have a copy of the moving papers that I had sent to M&H. Once again the judge didn’t want to hear it cuz he said it was too late to consolidate and he said that i had the wrong papers for a stay of judgment. I used the one I got from this site but made necessary changes.

My question is this, If I filed the wrong papers, what are the right papers to file??? I’m supposed to be out June 9th.

My loan is with Bank of America and my home is scheduled to be sold on the 8th. A modification has been submitted, and per the underwriter it is scheduled to be completed on the 19th! The Bank does not want to extend the sale date per my last conversation with them.

Should the sale go through on the 8th, do I really have 3 days to leave? It was my understanding it would be longer than three days.

How do I make them from continuing with the sale date or at least move it to accomidate the Modification?

Dave–I don’t know what state you are in. If in Calif. once the trustee’s sale is completed they will post a 3 Day Notice to Quit on your property.

Disclaimer: I am not an attorney nor offering legal services or advice.

This is what happened to me: i found 3 day notice to quit scotch taped to my front door. i did not move. Next, a process server was trying to serve me with Unlawful Detainer lawsuit (eviction lawsuit). If you are served the papers you only have 5 days to ‘answer’ and by answer, I mean go to courthouse and file a legal paper (check your county court website and there may be a form ‘answer’. If you DO NOT do the answer in 5 days, a writ will be issued and then, typically 5-10 days later you will be evicted.

You should try to get an attorney right now!! If you want to talk to TIM, you should find his phone number and get going.

DO NOT wait. It is far better to prevent the foreclosure.

Have you considered filing a bankrupcty case? If done prior to foreclosure sale that will stop everything (depending on type of bankrupcty–if Chpt 7, then stop foreclosure maybe 3-4 months)…so call up a bankruptcy attorney right now too and learn about it!!

In bankruptcy the lender (BofA) might be more willing to re-negotiate with you on your loan or complete the mod.

Always consult a competent attorney. You need to act fast!! Do not trust BofA and the dates. They want your house.

Mawarku-suggest you go to LivingLies Weblog and start reading. You will find the Nevada case posted there and also it is in scribD.

I’ve spoken to Tim prior, and he is helpful. I am pro se. You would need to call his office for his retainer and his ongoing fees.

I think you will learn from LivingLies that many, many have tried negotiation with banks and to no avail or with minimal relief. Be careful, and again I do not know your facts, who your loan originator was etc., but sometimes when you do a loan mod…you will relinquish all future rights to sue for fraud, TILA violations etc.

I did not have any resources nor even was aware that my loan originator Home123 Corp (New Century) was a predatory lender and had committed fraud upon me….I did not know about LivingLies….I did not believe I had any recourse from foreclosure—-SO—my home was sold at a trustee sale in the summer of 2008–HOWEVER, once I saw the 3 Day Notice to Quit scotch taped to my front door, I decided I would see what I might be able to do…..it has been a constant learning curve.

I am STILL in my home!! I fought off the Unlawful Detainer, filed a fraud-TILA-predatory lending complaint in Calif. Superior Court and am still in litigation.

If you do not retain an attorney, you can pretty much make it your full time job—defending your home.

DISCLAIMER: I am not an attorney and not offering legal advice or services. Always consult a competent attorney.

Thank you so much for your reply. I just starting to read and digest the foreclosure defense area. I cannot afford to pay expensive legal fees because I lost too much in the depreciated real estate market. By reading the webpage, I know that Countrywide is the worst predatory lender in the business. I have to defend myself as a pro-se. How do you starting the fraud-TILA-predatory complaint in CA? Are you able to use Tim’s template?

Any assistance in searching the right information is sincerely appreciated.

I am in a foreclosure related UD in California. My lawyer has secured a jury trial for me. We are going to challenge the issue of posting of foreclosure notices based on our right to challenge title in the UD action. So far the court while openly hostile, appears reluctantly willing to hear the argument.

We are in negotiations and discovery with HSBC (the Trustee’s) attorneys. What questions should we be asking with regard to the trustee sale that the bank’s attorneys will not want to answer. We’re trying to get them to reinstate the loan with a reasonable modification.

The next housing shock
FEDERAL COURT JUDGE & WELLS FARGO BANK COMPLICITE IN FRAUDULENT DOCUMENT COVER UP.
5, JULY 2013 WRITER
On May 11, 2010, Lamont Johnson a Sacramento, California picky pay loan victim filed an action against Wachovia Bank FSB and its agents in the Northern District of California. Facing foreclosures and evictions by Wells Fargo Bank Johnson with little cash attempted to become a part of a pending Class Action case filed in the Northern District before Judge Jeremy Fogel (Mandrigues v. World Savings Bank, Inc., et al.) Upon Filing his case, Johnson immediately served Wells Fargo banks, Unlawful Detainer Attorney, Fred Kaiser. Wells Fargo Attorney Kaiser ignored the complaint. Johnson’s case was subsequently transferred from the Northern District to the Eastern District of Sacramento on October 21, 2010 Case NO. 2:10-cv-02839, Johnson vs. Wachovia Bank FSB et al. Johnson initially filed his case Pro Se and later hired Attorney Roxanne Mosley. Mosley represented Johnson for a short period of time eventually abandoning Johnson’s case.
On or about August 31, 2011 Johnsons case came before newly appointed Eastern District Court Judge Carolyn Delaney. October 6, 2011 Delaney filed an Order to Show Cause. On October 21, 2011 Johnson filed a Substitution of Attorney and a response to the Delaney Order to show Cause. Just entering the case, Johnson had been requesting from Delaney time to restructure and update his claim because there were defects in his First amended complaint and so much more violations that had occurred since Johnson’s original filing. Delaney denied Johnson that opportunity and on April 11, 2012, Document Query 46, Delaney ordered Johnson to Serve on Defendants Wells Fargo Bank Johnsons defective complaint drafted by Johnson’s previous Attorney Mosley. Defendants Wells Fargo Bank after being served immediately filed a Motion to dismiss. Delaney thereafter decided on her own and in violation of her oath, her duty and the law, set Johnsons case on a course to intentionally dismiss his case.
As Johnson filed his opposition to Defendant Wells Fargo Banks, Motion to dismiss, Johnson attached his proposed Second amended complaints to his answers, despite Delaney’s attempt to stop him from repairing his claims. Johnson added claims of Quiet Title, Racketeering under Rico, Mail Fraud, Wire Fraud, Conspiracy to foreclose using false and fraudulent document and affricatives. Johnson attached documented evidence showing that Wells Fargo Bank employees robo-signed and used forged and false documents to foreclose. Some of Johnsons attached evidence show that documents were notarized but not even signed. Johnson even attached documents that were back dated. To top it off, Johnson showed that defendants made a material alteration on his Deed of Trust for his Yorktown Property. It was changed from its original form and filed with the wrong address. Johnson’s Yorktown property Deed of Trust clearly illegally had an unreferenced attachment to it in an attempt to repair the defect in the legal description. The attachment was done after Johnson signed the contract. What was most difficult for Johnson to deal with was that he was disabled and going through a major depression and stress at the time and seeking counseling. Johnson always informed Delaney in his documents to be patient with him because he was going through this and it will take him more time to complete his Second Amended complaint. Delaney ignored Johnson’s documents.
On September 12, 2012 Delaney moved forward with defendant Wells Fargo’s Motion to dismiss trail. Transcripts show that District Court Judge Delaney conducted the trial to look procedural, but it was a sham trial. Despite all the evidence of fraud , and serious causes of actions Johnson claimed, Delaney intentionally and in violation of her oath and Duty suppressed all Johnson’s arguments, case law, arguments and evidence and refused at the hearing to allow any allegations of fraud to be put on record. Delaney asked both Johnson and Defendants Wells Fargo one main question. What is your legal theory? Delaney thereafter dismissed Johnson’s unfinished second amended complaint on the spot.
The mistake that District Court Judge Delaney made was that she drafted, filed and mailed fraudulent Findings and Recommendations conclusion order #65 that dismissed Johnson’s case by intentionally misrepresenting Johnson’s legal theory and by suppressing Johnson’s legal arguments and Fraud evidence that were attached to his complaint. Delaney intentionally drafted her order to construe around case law and evidence Johnson presented as if they did not exist. District Court Judge Delaney knew of Defendant Wells Fargo Banks fraudulent activities. They were common knowledge. Delaney’s employer along with 49 other States Attorney Generals, were part of a nationwide Class Action which identified the same fraudulent conduct by these same defendants. Delaney intentionally suppressed Johnson’s evidence because she did not want a Pro Se Plaintiff (Johnson) to win his case. District Court Judge Delaney knew that if she acknowledged verbally or in writing the fraud that she would be required to leave Defendants Wells Fargo Bank right where they stand without a defense. Delaney refused to allow this to happen as duty required her to do. In fact, in Johnson’s current appeal, he claims that the District Court altered the trial transcripts when it found out he was going to appeal the decision. All allegations are on the online Pacer cite. The Courts suppression of the banks fraud is clear. Johnson’s appeal outlines the Courts legal violations. Johnson is currently awaiting the appeals Court ruling in the ninth Circuit in Sacramento, California. Johnson believes that the appeals Court will help the District Court Judge cover up her fraudulent conduct. Watch for yourself. This will make Johnson a victim again and never hold the banks liable. In California, no person has won a Quiet Title Claim in our Eastern District Court. This can only be intentionally done and created by the District Courts own agenda policy because it is not by law. Johnson filed documents in the Appeal Courts that show that The District Court Judge was acting unlawfully. Johnson showed that the Judge regularly dismisses Pro Se Plaintiffs cases whom showed the Court Fraudulent documents. The Courts are trying to stop the flood of cases being filed by violating the Constitutional right to a trial of the Plaintiffs even when it sees the fraudulent documents. It is not suppose to do this. This is not the Courts job and it is illegal.

hi and thank-you for your web site. i am dealing with the 3 w’s. world, wachovia, wells fargo. world war 3. anyway the trustee sale was scheduled for april 13, 2010. when wells fargo’s attorney posted the 3 day get out i found outt that the trustee sale was on april 14, 2010. then i got served with the unlawful detainer on may 11, 2010. unlawful detainer was filed on may 6, 2010. i filed my answer by may 17, 2010. somewhere around june 18th i called the courts to see what was happening. i was told a motion to strike portions or all of my answer was being filed. i got the motion in the mail on 21st of june. i found tim’s oppession to motion to strike so i used his templet. the hearing was held on july 6, 2010. the judge granted the motion to strike. the argument wells fargo attorney didn’t want my exbibits entered which were copy of the notice of default, copy of the substitution of trustee which was filed 1 month after the notice of default, a copy of the trustee sale showing the trustee sale was set for april 13, 2010. copy of my deed and note. attachments which i stated facts and cited civil code procedures. i was all thrown out out out the door. i haven’t paid mortgage since september 2008 when FTB audited me. i had my own business as a skip tracer process server. all which has gone out the door too cause now my health is so poor due to stress im on SSDI. on my loan documents the brocker inflated my wages that is why FTB audited me. then the appraiser got the boot kick for his false appraisals. the sacramento sheriff real estate fruad division checked my documents and found irregularities. the detective suggested do go state or federal because my real issues are my lender and the brocker. i called tim’s office ater i filed the opposition. a real kind man called me back and said i needed to file to switch courts. the argument also in UD court was you could not argue title in a unlawful detainer proceedings.
i got the order granting the granted motion to strike in the mail this past saturday july 10, 2010. when i was reading the order i noticed some man by the name of JIM MOORE, authorized agent for plaintiff wells fargo. WHO IN THE *&%# is jim moore. he wasn’t at the table with the attorney and myself before the judge/comississoner. so i went to the secretary of state web site to see if he is a agent for service of process. nope. hes not. i dont know who jim moore is but i know one thing he has never been on any of thepaper work for summons and complaint, 3 day get out, motion to strike and proposed order. so how can he be on an order period?
where am i at now with all this? well i want to go back to court and request the order to be re-thought and get jim moore off the order but i dont know how to do this. as a matter of fact im growing tired and weary. when they come to put me out of my home that my father built in 1959 i will be homeless. i will live out of my car. this is a prretty scary thought for me. i am almost 59 and never been homeless. i guess i better learn how to layer my clothes and push a shopping cart. very, very scary.
sincerely, laurie mendoza
916-308-1747ldmendoza2003@yahoo.com
ps, mr mccandless do you have any suggestions and templetes? time is short for me.

i forgot one more thing. my house did not sell at the trustee sale. on my 3 day get out wells fargo attorney said the the house was bought by wells fargo bank and title was duly perfected. well they did not record the title till april 28th 2010 and the attorney’s letter of duly perfected was dated on april 15th 2010. no wonder wells attorney wanted my exhibits tossed out. the subtitute trustee sent my a letter on april 12, 2010 and stated that wells fargo has been the benificary of my deed of trust and note since november 2009. notice of defult was recorded on november 17, 2009. im not entitled to a loan modification because i dont get that much from social security. i was a mother and wife sith no union rep. LOL. im divorced now and get and dont want allimoney. how ever you spell it. thanks and sorry im so long winded.
sincerely
laurie mendoza

Atty McCandless,
How can we refile our case for reconsideration after dismmissal of the case as ordered by the Judge on grounds of non compliance to judicial decision to start paying the mortgage payment while waitin for the completion of trial of which was the reason why we filed a complaint. The complaint was filed after receiving copies of signed loan documents which we were demanding from the time escrow closed without our presence and the proceeds was deposited to our bank accounts. We were
assured by the mortgage broker everything was alright and
everthing is okey. My uncle was 69 years old, very honest and trustworthy and always try hard to help spread the words of God, so he always prays everthing would turn right. But between you and me, it doesnt happen that way. Being with him as a witness, I know we are a victim of mortgage fraud. We refuse to continue paying after receiving signed documents a year after closing and settlement. The loan we are paying for was not the right loan we applied and signed for. Good Faith Estimate was not disclosed to us shows the right interest rate, but different loan number, and was signed a month earlier than the date it was printed from the computer. Deed of
Trust has a prepayment rider added, Note has a adjustable rate rider. There was 2 Hud 2 estimated settlement coast with two different figures that was not signed by the barrower, Loan Apllications was not signed by the barrower
pre-funding transmittal was not fill out and signed by the barrower showing interest was manually crossed out and changed to higher interest rate. The rest of the documents including deed of trust, the note etc. seemed to have signature of the barrower by copy and paste feature. We dont have any idea between the Mortgage broker, notaryand escrow officer who closed the loan commiteed the fraud a but one thing I swear the escrow officer who closed the escrow was the loan officer whom we told to leave our property when she was trying to persuade my Uncle into the wrong mortgage loan. Mortgage Broker sent another agent a month after to initiate the loan applications and disclosures of which we knew was the right loan we applied for and was supposed to be advised for the place date and time for closing. Escrow closed and settled without our presence and my Uncle was given assurance by the Mortgage Broker that everything was perfectly fine and the proceeds was electronically wired to my Uncle’s bank Account. Ten days after were demanded to make a deposit by the Mortgage broker to a certain bank account to payoff the property tax of which was one of the reason for refinance. I start using my Power of Attorney to act for my Uncle to start asking questions, calling and asking for copies of signed loan documents lender alleged was signed by the barrower. For the meantime, we start making payments to the assignee who sent us the first statement of which was not the assignee iindicated on any of the loan documents. In good faith we are paying the obligation for a year while waiting for the
copies of the signed loan documents of which the alleged assignee wont cooperate at the time the problem was brought to their attention. It took a year for them to finally
send something in the mail for us to confirm that we are paying on a wrong mortgage loan of which we have any knowledlge until upon receiving these documents.
We have been going thru few attorneys that took our case but then after paying for the time they consumed in the case, they decide to withdraw because they are loan modification lawyers not a real estate litigation attorneys.
Finally, After another six months, another attorney took our case, took another three months before filing the complaint to seek justice and present our case to the court
I believed our previous attorney did not represent our case
for the best interest of the barrower because nothing was submitted to the opposing party when they asked for documents to support our alligation of fraud, had failed to fallow up defaults, ammend the complaint to include and name companies and person involved in the first amended complaint, subpoena closing documents from the Title Company that was supposed to be used on the Trial and
Act in behalf of the barrower without notifying the barrower or Attorney of Fact, like admmission of Plaintiff by the opposing counsel. We felt we are the one being sued because the opposing Counsel was asking for information and what our Attorney done was filed for continuance of hearing. A dismissal was granted to the dependants but based on the documents we provided with the opposition for the motion to dismiss. dependant denied
dismissal without prejudice. During the 3 months of denial was granted, nothing was done by the attorney but file Stipulation on Continuance of Hearing (January thru March 2010. On April 6, 2010 a hearing was scheduled that was a Judicial Decision to make payment pending completion of trial scheduled on August 30, 2010. We requested the attorney to file a motion to petition amount to be paid based on the actual amount of the property of which we lost equity due to this fraudulent transaction involving the lender and the claimed now assignee of whom we are making payments.
Now our complaint was being dismissed again, what is necessary to file a motion for consideration. There was an open investigation under the State Attorney General’s Office, Consumer Protection Bureau involving the Mortgage broker that grant the loan to us and officially open a case in our behalf because of this reason. Please advise how to present our case and file a motion for consideration.

Hi Timothy, I filed a wrongful foreclosure suit against my bank in early summer, but I know longer wish to continue with the suit. If I dismiss the case, could/would (is it common) that the bank could counter sue? We’ve not gone to court or anything like that. They have also, name me in a Unlawful Detainer suit as well.
Thanks for your response.

When you signed the trust deed you effectively transferred your title that is to say the title you got from your mom to the trustee
And if you failed to make the payments the trustee could then transfer the title to the lender upon instruction the trustee to foreclose hold the sale and by Trustees deed tranfer the title to whom ever bids at the sale

hi mr. mccandless,
another question re: grant deed. the house did not sell at the auction so now wells fargo has recorded a trustee’s deed upon sale. should wells fargo be recording something else like a grant deed? also in 2004 i changed my name on the grant deed my mom signed to me. at that point i created another grant deed. so when i signed the deed of trust that wiped out that grant deed also?
also i have been reading about warrenty deeds and grant deeds. what about if only my family has owned this property. something about a plat map. and doesn’t a deed of trust only secure the loan but does not secure the land. i’m probley confused. but that is normal for me. i’m headed out today to file my amended answer at the unlawful detainer court. so far this is what has happen. plaintiff attorney filed summons and complaint. defendant which is me filed answer to summons and complaint. plaintiff filed motion to strike portions of defendants answer. that was due to my exhibits which were copies of the notice of default, substitution of trustee which was filed over a monthe after notice of default and then a exhibit of trustee sale which was to be on the april 13th but was held on 14th. the comissioner granted motion to strike without leave to amend. 4 days later i got the order in the mail along with another plaintiff name added to the order. i trotted down to unlawful detainer court here in sacramento and i found that the order had been amended twice. one of the order listed the exhibits that were pleaded in the motion to strike. the other amended order was leave to amend answer. in the mail on monday i got the amended order which stated i had till the 21st to amend the answer. less than 2 days to amend a answer. i got the amended answer done along with declaration of affirmative defense. then i did a motion to dismiss along with defendants memorandum to motion to dismiss. i based the motion to dismiss on the amended orders. i based the amended answer on 1161a ccp. im not a tenant i do nto have a tenant landlord relationship with the plaintiff there has been no verbal or written agreement regarding rent or a lease. my water has been shut off and no garbage pick up. i got a citation from code enforcement because im cleaning out 50 years worth of memories in this home. you know mr. mccandless plaintiff attorney seems a little frustrated with me. i guess hes use to filing these ud’s and counts on a easy win. hopefully i have made an impression in his mind.
thank you mr. mccandless for your support and if you know how to attack the grant deed send it this way. this pitbull hopefully can handle it.
sincerely,
laurie mendoza

mr. mccandless, the term i was looking for to associate a grant deed is “allodium”. land held absolutesy inones own right. could you go into a little more detail on what this term means?
thank you
laurie mendoza

Mr. Mccandless, I have a couple of questions. When we signed our deed of trust, note, GFE, Hud-1 and application at closing we also had to initial the bottom of each page of the DT and note even though there were no lines for it. the closing inst. required it, so the gal said everything in the inst. had to be done. Well, after sending 11 QWR in the last 2 years, I got an answer, copies of the note, td, hud-1 and application. the note and td do have our signatures and a recorders stamp on right side of first page, plus a second bar code stamp that is right under, almost attached to the recorders stamp and looks to be writing was done under it. The note and td did not have our initials the hud-1 and app do not have our signatures. The hud-1 escrow officers signature and dating in no way matches my copy….even a 5 year old could see the difference it. the app has no ones signature, and the copy i have has the brokers signature and was faxed to lender and escrow office..I have the faxed copy dated 2 days before closing. Well, I went down the recorders office and got a copy of the dt first page…it does not have the extra bar code, no extra writing, and no initials… Would this be a normal way to handle a dt and what about all the missing initials and signatures.
Thanks

hi mr. mccandless,
i just read on line, not on your site but another site, where it said “amortgage is not a home loan”. the statement i’m questioning is this. “when a mortgage is used for security, foreclosure must usually progress through the court system. that type of foreclosure is called a judcial foreclosure”. also it reads “a mortgage is a document creats a lien on the property, which serves as a lenders security for the debt. ” now here is the part about title. i left a coment re: grant deed. this next statement is where i was at with the grant deed and it reads” iven if your loan is secured by a mortgage, you still have full title to the property . no one else has rights of ownership. I did not buy this property i refinanced. and the lender and i created a deed of trust which states in this article i read that in most cased a deed of trust is created for a refi. but the lender who was world now wells fargo proceeded with a non-judicial foreclosure.
can you shed some light here for me
thank you
laurie mendoza

Tim
I can’t find your 150 lawyer list. There appears tombe no one in WI. Even the AG> This is an election year. He gave the job of dealing with irate homeowners to an assistant. The AG wants the affiodavit I have signed by China Brown. Do you have any proof?
Stan
Racine, WI.
262 672 2543

Tim I need help now. Our home was foreclosed on 3/29/10. Unlawful detainer was served, answered and denied. We were in the middle of loan mod application with Wachovia, had an attorney working on it with us, and Wachovia foreclosed but continued to ask for paperwork for the loan mod. We are suing to get our home back. I need to know what code covers the time frames for postponements. Our foreclosure was postponed four times. I keep finding information that says after the third time Wachovia needed to submit another Notice of Sale. I’m trying to file a lis pendens but need the information. Any ideas? Our home is now in escrow and I don’t want a third party to get it before we prevail in court. Help!

The United States Bankruptcy Court for the Eastern District of California has issued a ruling dated May 20, 2010 in the matter of In Re: Walker, Case No. 10-21656-E-11 which found that MERS could not, as a matter of law, have transferred the note to Citibank from the original lender, Bayrock Mortgage Corp. The Court’s opinion is headlined stating that MERS and Citibank are not the real parties in interest.

The court found that MERS acted “only as a nominee” for Bayrock under the Deed of Trust and there was no evidence that the note was transferred. The opinion also provides that “several courts have acknowledged that MERS is not the owner of the underlying note and therefore could not transfer the note, the beneficial interest in the deed of trust, or foreclose on the property secured by the deed”, citing the well-known cases of In Re Vargas (California Bankruptcy Court), Landmark v. Kesler (Kansas decision as to lack of authority of MERS), LaSalle Bank v. Lamy (New York), and In Re Foreclosure Cases (the “Boyko” decision from Ohio Federal Court).

The opinion states: “Since no evidence of MERS’ ownership of the underlying note has been offered, and other courts have concluded that MERS does not own the underlying notes, this court is convinced that MERS had no interest it could transfer to Citibank. Since MERS did not own the underlying note, it could not transfer the beneficial interest of the Deed of Trust to another. Any attempt to transfer the beneficial interest of a trust deed without ownership of the underlying note is void under California law.”

Read that again: “Any attempt to transfer the beneficial interest of a trust deed without ownership of the underlying note IS VOID UNDER CALIFORNIA LAW.” This conclusion was based upon California law cited in the opinion that the note and the mortgage are inseparable, with the former being essential while the latter is “an incident”, and that an assignment of the note carries the mortgage with it, “while an assignment of the latter [the mortgage] alone is a nullity.” As MERS must own the note in order to assign the incident deed of trust, MERS is legally precluded from assigning the deed of trust for want of ownership of the note, and cannot assign the note in any event as it never owned it. MERS’ lack of ownership interest in promissory note is a matter of decided case law based on a record stipulation of MERS’ own lawyers in the MERS v. Nebraska Dept. of Finance decision.

This opinion thus serves as a legal basis to challenge any foreclosure in California based on a MERS assignment; to seek to void any MERS assignment of the Deed of Trust or the note to a third party for purposes of foreclosure; and should be sufficient for a borrower to not only obtain a TRO against a Trustee’s Sale, but also a Preliminary Injunction barring any sale pending any litigation filed by the borrower challenging a foreclosure based on a MERS assignment.

The Court concluded by stating: “Since the claimant, Citibank, has not established that it is the owner of the promissory note secured by the trust deed, Citibank is unable to assert a claim for payment in this case.” Thus, any foreclosing party which is not the original lender which purports to claim payment due under the note and the right to foreclose in California on the basis of a MERS assignment does not have the right to do so under the principles of this opinion.

This ruling is more than significant not only for California borrowers, but for borrowers nationwide, as this California court made it a point to cite non-bankruptcy cases as to the lack of authority of MERS in its opinion. Further, this opinion is consistent with the prior rulings of the Idaho and Nevada Bankruptcy courts on the same issue, that being the lack of authority for MERS to transfer the note as it never owned it (and cannot, per MERS’ own contract which provides that MERS agrees not to assert any rights to mortgage loans or properties mortgaged thereby).

The banks cannot do no more than what the judges are allowing. It is time to attack the administrators of the courts who are not fair arbitrators. Homeowners are going in pro-se and their rights are being violated under the color of law. In my own case I was told by a judge matter of fact Judge Richard Siegel of the 12th Circuit Court of Will County Illinois, Joliet Il, “The court does not want to hear those who are not learned of the law tell those learned of the law, the law.” I was put in contempt of court for exercising my right to seek redress in a court of law and speaking the law to defend my position. Not once, not twice, but three times. Who are these judges accountable to? There are no check and balances to ensure equal protection of the law in the court room and the people rights are continually being violated under the color of law, having their house criminally stolen by banks who have not proven standing to sue. Call your congressman and complaint. Post excerpts from your court transcripts on the internet. Expose the injustice.

I also questioned the Maricopa County AZ notary stamp on several of my Aztec FC related bank docs attached to their various (for One West)orders and Trustee’s Deeds upn sale transfers to Deutsch Bank natinal Trust Co. and wondering if I can request those original pages from Notary authorities in AZ and who might be the best office to start with?

hi, i am fighting a foreclosure right now and my attorney seems to be giving up. was in default. was going to make the catch up payment and was offered a “partial claim”, was supposedly approved, got notices of sale, need to move, etc, phone calls and emails to person at mortgage company who made deal and he said, no everything is okay, first payment due in oct, still got notices, finally figured out the bank had taken the property, and then they were saying I didnt qualify, I have emails saying I did, filed a qualified written request, the just said i was behind and didnt qualify for any programs, no mention of the partial claim, I have the emails saying I did, now I am facing eviction. Lawyer for me filed one stop of eviction and the bank got the judge to reinstate the eviction. HELP! from what I read I need to sue the bank. I just want them to honor the original deal or let me start making payments. I was lied to about a partial claim catch up program. It is an FHA loan, refinanced one year ago now, have been in the home about 27 months total. /Carrie

We need Help.We live in Connicut and have found we were placed in a fuard
loan.We were strugling to keep up with payments due to the actions of the lender
First after we tried to speak to them they took all our infomation over the phone.Then they sent us a loan mod.and lowered our payments.(Great) so we throught.they were trying to help us.(It was a false mod).We discovered they had us paying instrest only.Then we recived a complaint of suite from the property tax.They did not pay our taxes.I called them about this and they had me send them the dockets.They claim that they would take care of it.(“” They took care of it all right””). They claim to have paid $10,000. and added this to our mortgage.I sent them proof (the servicer AHMSI )that this was held in escrow.They claim this was not there problem .The lender was Option One.It gets worse from there .
After trying to work with them they agreed to lower our payments in writting.Then they later raised them up again breakin the agreement.We could no longer keep up.We were awaiting funds to arive 2 months when we recived noticed from a forcloser mill .We were not served .I found our name on the court dockets to floreclose on us.I did file a response to this and are started in meditation.We have a apoiment with a hud counsler.they also transferred
( AHMSI ) to (Saxon) with out proper notice.They have named HSBC as the plaintiff.??After reserch I have found that they made out the loan for more then was owed .They uped the amounts to pay off and keeped the funds.I have the recipts of exact amounts paid out. As for Wells Fargo who started the mess trying to steal our home after 19 years “””” Well they sent us a fuard release .I know it is Fuard due to it was signed by ( Linda Green ) of Wells Fargo Bank in Georgia, She does not exsist.{“” This was a name used at a forcloser mill that Wells Fargo opened and hired people to just keep signing her name””}.
I keep calling Attonerys and get no return calls.
These people need to be stoped.This is coroupt and Fuard .
If any one knows of a
Attonery I could go to in Connecticut please send that information my way.
I have all the proof .Just need some who can present it properly for us.

HELP!!!! HOMELESS DISABLED GRANDMOTHER W/2 GRANDCHILD HAVE BEEN LOCKED OUT AND EVICTED BY FANNIE MAE. I NEED HELP FANNIE MAE BOUGHT A DEFAULT LOAN ON A HOME I HAVE BEEN RENTING. THE 2 PROPERTY MANAGER COMPANIES REFUSED TO SET UP NEW LEASE OR CASH FOR KEYS, NOR ALLOW ME TO BUY HOME. THEY STATED “THEY DON’T MAKE A PROFIT” FEDERAL NATIONAL MORTGAGE ASSOCIATES AND ATTORNEY DID A UNLAWFUL EVICTION IN SACRAMENTO,CA. I WENT TO COURT HOUSE TRIED TO FILE AN ANSWER, PREJUDGMENT TO REAL PROPERTY , AND REQUEST ORDER TO SHOW CAUSE. I WAS DENIED ACCESS TO FILE ANY RESPONSE ON CASE COURT SAID I WAS NOT PARTIES IN CASE. I WENT TO SUPERIOR COURT, SACRAMENTO,CA FILED AN CIVIL CASE FOR WRONGFUL EVICTION. ON MAY 2, 2011 A PROPERTY MANAGER AND 5 SACRAMENTO COUNTY SHERIFFS CAME TO REMOVE 2 CHILD, SERVICE DOG AND MYSELF. LEAVING US HOMELESS AND WITHOUT PERSON BELONGINGS (GAVE US 10 MINUTES TO GET SOME STUFF. THE UNLAWFUL EVICTION PARTY NAMED WAS DEAD SINCE BEFORE I RENTED HOME FROM HIS DAUGHTER WHO WENT TO GMAC RECEIVED A NEW LOAN $250,000 THEN DEFAULTED ON IT. I HAVE TAKED ALL INFORMATION I HAVE BEEN ABLE TO GATHER YET THE COURT HAS REFUSED AND DENIED AGAIN TO RETURN HOME OR CONSIDER THE LAWS BROKEN AND VIOLIATIONS FANNIE MAE AND PROPERTY MANAGERS HAVE DONE.
I NEED HELP AND DIRECTIONS TO GET MY HOME BACK. BEING ON SS DISABLED I HAVE NOT BEEN ABLE TO BE ACCEPTED IN A NEW RENTAL AS MY INCOME DOES NOT MATCH THE REQUIRED RATIO.

It kind of sounds like you were a tenant Tina. You may want to contact the San Francisco Tenant’s Union. You may have had rights as a tenant in a foreclosed property. Can’t say for sure but start there.

Mr timothy – can we get a speedy trial in atl ga , I been into it with my trustee he’s trying to worry me to death – buy saying he don’t have to show me nothing its the law . I no its not no law fotr him to do all of this crap he just a trustee , to work for me , the vice pres of mers the.real vice pres didn’t no they fake me out , because I never meet with him onto 2007 , and when he saw me he took off cause u saw I was mad ,. But he still should have gotten with me to give me a head up on something u feel me . This is what I don’t like I’m the owner of my family 500 year old company . And I’m been treated like nothing . I’m a financer , huge financer at that – my skill a make the poor so rich they a say we don’t want money no more , ill start off sinse house prices are low , by giving people house 1 dollar down ,and a 300 at most note a month , and insurance and taxes so in all 500 or 600 a month at most – that’s insurance and property taxes with it . The 650 at most cover all of that . school loans got too drop and car note got to drop , and person loans got to drop and then credic card loans got to drop – michael hawk aka michael walker g – bbt bank & wellsfargo bank na , in atl ga , in the atlantic station area , is where I’m a hang out at . Now people let the born finaner show off some more I’m born with this stuff – in my mind no school – watch this – now after all of them note get the price cut down – onto the planet picks back up from a down fall of some want to be financial giants , then maybe the prices can go back up to have a little fun on buying and selling . But anyway – ok , meet and the board a get a new insurance policy – thats a cover u if u can’t make a 650 note a month or a 300 note a month – a insurancé claim a kick in and pay this stuff for u , but u a have too pay the insurance fee every-month to be coverd . We gone make the insurance co like kroger where u a see a lot of stuff u can get , we a cover ya car if hit hit a pot hole – we a cover ya feet if u have to run and jump a wall from a robber , robber insurance – could u see that – u take off work cause ya foot broke from running from a theft and u hurt ya self – and the insurance co – a have its set up if that do happen the job u work for can’t fire u – onto after 4 moonths of no show . So u still a get 80% of ya job pay and the insurance co a have to pay u too for as long as u off from the leg hurt . Instead of a stoke vitim staying in the doctor for 1 week and then u go , we a move that up to auto 2weeks . We a also start insurance no matter who u are – if that car in a crash we insurance the wreck wether ya name on the car or not – I belive my nation wide insurance co all ready have it anybody coverd – but I’m a put that in all of my insurance co . We a put full coverge on all cars no matter what year its was made , in order to do this , we a have to step my policy up – this a world thought here , we can do almost what ever we want here , who’s to stop us , the insurance co a make a policy to get people off the street into a house if they make lower than 100 a week , and this policy a get them food and a home too live in , insurance a be the top facter here . How do u make a plan like this work global – u have to set it from the hold world as a law , nobody can sleep on the street and don’t have food to eat , u have to make its aganist the law global , how do u pay for that – u take a 100 ,000,000,000,000,000, . Global life living policy out on the world for this kind of money to hit people pockets if they don’t have nothing every year- now how do u fund this , buy takin a dollar more out of everybody account every time they get a pay ckeck or in a store to shop , everybody and the 1 that they take out onto gos to the tresury from every store , every store with a cash register a have to have their cash box link to the treasury so the money a auto hit the treasury . Now – after that , the treasury charge it self a monthly fee – or they can buy the insurance policy from me – 18 figure policy – a run them from my insurance co – 50 billion every 6 month a cover the hold planet of everything set up like that – 100 billion a year policy – and u got to think that dollar – charge everytime u hit any store . And the dollar go rite to the treasury and the treasury get the 100 billion up every year – for 18 figures of weath every year to cover the hold planet on – no home and no food too eat . Well maybe the policy could be a little more than 100 maybe 600 billion a year ,but 600 billion for 18 digits of weath , u can’t lose and think of how many more people spending money in the world then from this increase – man – this a stop poornest any where . Its gone take some real smart people too look at this post and too put it all rite – . . .

I am helping someone with the following situation: She missed a mortgage payment on her condo, then applied for loan mod with lender, for which she was later denied. Then she tried working with a real estate agent on a short sale, but nothing happened. Her notice of default was sent to her directly from her lender. No trustee assigned. She made many attempts to work something out with lender, but difficult getting in touch, etc. No notice of trustee sale was posted on her property. She then just got a notice posted on her property that her condo had been sold to Fannie Mae. She has about 12 days to get out. She is currently checking to see if they published in local paper the notice of auction sale. Does she have any options at this point for staying longer in the property?

If I buy from a bona fide purchaser for value after he executed a void note and deed of trust to a lender that has been foreclosed and the lender purchased the property at the foreclosure sale, am I the owner of the property free and clear of encumberances?

I am a real estate broker who handles short sales. I’d like to know how we can find out which clearing house/servicer has a service agreement to 1) collect payments 2) agree to a short sale and 3) foreclose on a property. We just received a Corporate assignment of the D/T (mortgage was crossed off???) stating that US Bank is the trustee for the certificate holders of the LXS 2007-169 Trust Fund and the document recorded on 2/15/2011. BofA will not confirm they are still the current servicer and are threatning foreclosure. We believe BofA does not currently hold the servicing agreement for the property anymore. I think this is bigger than MERS as to who “really” has the authorization to service this loan. I think the big 5 MegaBanks are telling lies and collecting payments and foreclosing on people they are not authorized to service. I have a client that took out a loan with AEGIS (imploded) was transferred to Aurora (imploded) transferred to Lehman Bros (imploded) and now owned by Freddie? Say’s who? The companies that filed BK, where is the paperwork transferring this one specific file? How do I know? Who knows? My client wants proof the servicer has the right to service his loan.

Today I got in the mail a break down of my foreclosure costs. I called Wachovia aka Wells Fargo, and had a question regarding the 1099a that was sent to me. On my notice of default dated November 17, 2010 the amount of my loan was $150,000.00. On the 1099a the amount of the principal is $151,190.12. FMV on the 1099 states $171,000.00. I wanted to know where the excess proceeds of around $22,000.00 was. This what the breakdown states.
Principal Balance – $151,190.12
Delinquent Interest Balance- $16,766.96
Escrow Advance Balance- $2,422.00
Late Charges Balance- $479.11
Corporate Advance Fee Balance- $2,371.04
Total- $173,229.23

What I read on the web is as soon as the foreclosure is done and over with the the bank can write off the Principal. The Escrow was for forced homeowners insurance along with late charges. Delinquent Interest Phantom income or Phantom interest. And Corporate advance fee , what i have read are also write offs for the bank.
I was just wondering if the bank could have cut some corners and saved me a bit of money. What do you think?
Sincerely
Laurie Mendozaldmendoza2003@yahoo.com

We are the owner of this house up until BofA sold it in June 23, 2011. We called your office because you sent us one of your flyers by mail Which reads Integrity Foreclosure Solution. Then you sent Carmen to fill up the documents and get the money in the amount of $750. A couple weeks ago we’ve been receiving letters from This Law Office of Sam Chandra, APC addressed to a person named Bonifacia Mejia with our address 4816 Stargazer Place, Palmdale, CA 93552. There is no body by that name here. Im not sure what Carmen is doing and we want to know the status of our case as Carmen is not even answering our emails. She just call by phone. Thanks Luis C.

How can a theft of a company serve a eviction notice and they are fraud , boy they treating the law system like its nothing , if I was a court of law I wouldn’t forcloser nobody or evict them nether onto they find out who is the real owner of this stuFf , this stuff gone wild And its need to go back rite , like jpmorgan had it in 1889 . Hey giving the theves a clear sign too keep going with it and that what they are doing my friend s. . To me the bush office gave a lot of people the big mind too do crimes . Every times u ask bush a ? Of anything he jump to a nother subject , escape go the real the stuff , these kind of people are licky , because I saw they all need a big cell , with no jail windows . Funnie war and funnie bank runner , somebody giving them the head to gohead and break the law their no law , well we no that’s not true they got the hold jail filled with African American almost . I no they want a get out of jail free card just like the rest of them rite .

Hello Everybody,
My name is Mr Jeff Arnold and i live in the USA and life is worth living right now for me and my family and all this is because of one man sent by GOD to help me and my family, i once had a life filled with sorrow because my first daughter needed a kidney transplant and all our savings were going towards her medications and this normally leaves us with no money to pay our bills or even put enough food on our table and our rent was due and no funds to pay these bills and life felt so unfair to me and every night my wife will cry herself to sleep every night until one day, i was browsing through yahoo answers and i saw a striking advert of a man that gives out personal loans and that the offer is opened to all and i have heard so many things about internet scams but at this point of my life, i was very desperate and ready to take any risk and at the end of the day, i applied for this loan and from one step to another, i go my loan within 48 hours through bank transfer and you know, it was all like a dream and i called Mr.Prosper Hook who is the GOD sent lender i found and said, i have received my loan and he smiled stating that to GOD be the glory and i was so shocked as i have never ever seen anyone with such a GOD fearing and kind heart and today, i am the happiest man on earth because by GOD’S grace, my daughters kidney transplant was successful and today she is healthy and i and my family are living very comfortable and happy and if you are in my former situation or is in serious and legitimate need of a loan, you can reach this GOD sent lender via prosperhooksloancompany.link07@yahoo.com

OUTRAGE–OUR CALIFORNIA COUNTY RECORDERS WILL RECORD ANYTHING!! EVEN IF IT IS FRAUDULENT. THIS PERSON SENT ALONG AN AFFIDAVIT FROM THE NOTARY SAYING SHE DID NOT HAVE ANYTHING IN HER NOTARY JOURNAL RELATED TO THE RECORDING- A PROPERTY RELATED DOCUMENT–AND THIS IS A CALIFORNIA NOTARY AND THE NOTARY IS NOT IN COMPLIANCE WITH CALIFORNIA NOTARY LAWS

GO TO THE PROMONTORY FINANCIAL WEBSITE AND LOOKUP THEIR ‘PEOPLE’ YOU WILL SEE ONE OF THEM WORKED PRIOR FOR NEW CENTURY MORTGAGE, ONE OF THE MOST PREDATORY SUBPRIME LENDERS IN THE WORLD AND A KEY INTSTIGATOR OF THE FINANCIAL CRISIS. ISN’T THIS LIKE LETTING THE FOX IN CHARGE OF THE HEN HOUSE? HOW CAN WE EVEN GIVE ANY FAITH TO THESE FORECLOSURE REVIEWS? THE BANKS ARE PAYING THESE 3RD PARTIES!!

I need help to stay after eviction judgement. I have notice to vacate 11/29/11. I also have file quiet title action but could not stop the eviction. Is anyone out there have similar and any help of what to do to stay is greatly appreciated.

Mr. McCandless, have you done a lawsuit for wrongful foreclosure based on an unconscionable loan modification? I have one of the CW neg-am 115% loans (2004) that was supposedly modified in 2009, trying to see if I can help this client.

Facing eviction 1/13/2012. Our home was foreclosed on 10/13/2011, now reo. We have no money, unable to access only resource for money from 401k. Under extreme financial hardship. If there is anyone out there who could give us some direction/advise as to any help available as we are despirate please!!!!

Micheal Anderson Loan Service is offering outs loans to the public with a very low rate of 0.5%. We offer out personal and business loans. Are you in debt and you need an urgent loan? Do you need a real estate loan? Do you need secured or unsecured loan? Need financing but don’t know how to go about securing a loan? Contact us for help. Financing shouldn’t be a mystery. We would love to fund projects at hand and offer personal loans as well to you, your firm/partners and clients. A loan process can be completed within a space of one week provided terms of loan contract is agreed upon. Look no further, contact Micheal Anderson Loan Service today on.

we need help in Washington state. Our Attorney General Rob McKenna is running for Governor. Guess who his biggest contibitor is? One of the biggest foreclosure lawfirms in the country….Routh Crabtree Olson/Northwest Trustees. Is this a huge conflict of interest? We’ve been fighting them for years. All of the fraud that has come to light the last year we’ve taken to several courts and the judges say frivilous claims no merit..dismissed in favor of the banks. This just happened even after the admission of the banks. WOW. When do any of us hanging out there get relief? Futhermore, our attorneys in Washington state all belong to the BAR in order to practice law…..it’s a good ole boys club so what attorney is going to go against the big and mighty association they have to belong to in order to practice? Check this out the judges retirement system is funded with mortgage backed securities…any conflict of interest there?

I’m in California and have been fighting the Good fight for about three years now, My loan bounced around 5 times since it’s inception in Dec, 2006. Sold 5 times with only 1 “Assignment” recorded in my County. More interesting is that it was lender # 5 that Recorded an Assignment when it sold to the final “Lender”. How did they have the right to Assign my mortgage to any intity when it was NEVER assigned to them??? That knowledge actually helped me when I received my first default notice in October 2010. I called the servicer and asked how they could file a notice of default with a broken chain of title, I only stated the company they bought it from never had it assigned to them, NOT mentioning the 3 prior to that, I was told they would get back to me, 13 months later, I received another notice of default. I immediately checked the County records and sure enough, my current servicer recorded an assignment representing Deutsch Bank and assigned it to the company my current lender bought it from. 2 years AFTER the transaction actually took place. After that they bulldozed right over me. I filed suit against them, they sold my home, I’m still awaiting my court date on that. Then hear comes the UNLAWFUL DETAINER! A local BIG TIME REALTOR in my town bought my home and immediately got the ball rolling to get me out. This has been 3 1/2 months ago and I still refuse to pack up one thing and leave MY home. I tried the Bankruptcy trick to get an Automatic Stay, If thats worked anywhere else it damn sure doesn’t in MY County. Both the Courthouse cerk and the clerk at the Sheriff’s dept told me “This won’t stop the order to vacate” but everyone said it would!!!! I was bewildered until I looked up the law. Turns out they’re using the 2005 amendment to 11 U.S.C. 352 which is (b)(22). Designed specifically to keep “TENANTS” from hold their “LANDLORDS” at bay for any length of time. My argument is the law is protecting the landlord by stating the “STAY” doesn’t pertain to a tenant “UNDER A LEASE AGREEMENT OR RENTAL AGREEMENT” with a Landlord.. I don’t have a lease OR rental agreement. So I showed the sheriff the law and said I wanted them to produce the “AGREEMENT” with myself and my “LANDLORD” if they do, I’ll move out. that was last week. I’m still here on Friday June 15th. I have an Ex parte hearing on Monday June 18th at 8 am. I wish I knew what to expect. It’s gonna be a LLLOONNNNNG weekend!!!!

We took out a mortgage on our home which we paid cash (257,000) for. We missed one 400 dollar payment and were foreclosed on by a private lender. We hired a lawyer, but she screwed up by not submitting a second proposal to the bankruptcy court. We were foreclosed on, with no notification of anykind until the new owner called us and told us he had bought our home. We lost everything. He gave us almost no time to move out. Do we have any recourse? We haven’t been able to find a lawyer to take our case.

Hello, I think your website might be having browser compatibility issues.
When I look at your blog site in Chrome, it looks fine but when opening in Internet Explorer, it has some overlapping.
I just wanted to give you a quick heads up! Other then that, terrific blog!

Wells fargo had fun with me I feel like a total fool
I am facing eviction from new owner
I am so terrified I cannot think straight death seems preferable to being homeless. I’m in both mental and physical pain
I am so scared. I have no family. Things look so bleak I have not been served with papers notice of filing came in mail dated 10/22/12. I’m afraid to contact new owner wells farg has greatly impacted my ability to trust.

Tim we heard you are a great guy a dear friend is fighting for his freedom. Without frineds what do we have. Tim please step it up and fight for this man as he has fought for all of his and when we needed him he was there for us. Please i owe him my life and we all do. Tim this man would mortgage his soul for you and others now he is alone scared and needs you and your team to save a life.Whatever the cost he would do the same for you.

Good Day,
My Name Is Elisa Bean I want You all To be careful there.nobody can help you here or even suggest how you can get financial help.any answer of a loan lender to your question,you MUST ignore,because they are SCAMS…real SCAMS…i was a victim of which i was ripped thousands of dollars….Well thank God for a Christan Loan Officer,I was referred to by my cousin,who is by name,Mrs,Tracy Mark Of Cherish Microfundings Inc.They made my life a valuable one,and gave it a meaning.I was approved loan of $31000.00 USD AND IN 48 HOURS after meeting up to their necessary requirements,my loan was deposited in my bank account.Though I was very nervous with the loan firm at the first place due to my previous bad experiences,especially when the issue of me settling the transfer charges came up,I hold on to my faith due to the fact that my relative referred me,got it cleared,and as God should have it.little did I know that my financial shortcomings has come to a final HALT .If not for that quick referral from a relative of that genuine source ,I would have regretted my total life,because at that point in time I just divorced the father of my son,and my son (Kenneth) was faced with a ” between life and death ” situation ..I was faced with his hospital bills and was also faced with foreclosure at my apartment.Details of the GOD SENT and RELIEVING source won’t be disclosed to you for now, for fear of impersonation ( because it has being discovered that some persons are not really in need of financial help,but are there to impersonate real loan lenders through their phone numbers and email accounts,and acting to be them where necessary to those in real need)…I couldn’t comment on your post because it was a public place and I fear you would fall into the hand of all these fraudulent loan officers (even in US) like how they ripped me off.You must be able to convince me real hard,and provide good proofs,before I can give you the full details of this legitimate loan officer..Their charge is very affordable and reliable compare to many out there,their interest rates just 2.5%,little documentation,and little credit check(irrespective of your credit score,but you MUST have a good and liable income source) Her Name is Mrs,Tracy Mark Feel free to email her at his via Email: marklenders070@hotmail.com ” and you will be free from scams

I guess there’s no way I can go home again (
This really has been very devastating
Mental physical and emotional. The toll sickness injuries destroyed me never to be the same. Still homeless living in out of my car two years march 29 2013
God help me
Life at 55
I’m lost and don’t fit in any place dam tears will not stop. They needed to shot me that lockout day. America I feel they did many Americans very wrong unfair and fraud stealing homes tearing family’s apart and just not caring about the extremely low limited income disabled SSI disability plus homeless how sad

I’m still very lost. If I’m to do anything for this I don’t understand. I wish I knew what was what with all this wrongfully foreclosed. I had no idea Nor do now.
Dam why can’t anyone just tell me what’s up the truth
But no no no
Let her suffer longer like two years living In outof my car at 55 its hard not knowing who you are displaced after. 22 years homeless two years. Confusion yes very much
Will justice ever be served ? I’m not sure and still scared to death stuck in a place of lost unknown waiting to figure out how to move forward when justice never gets served displaced in life tears just wanting to go home where I was safe warm
Clean my family pets things gone why shy why I don’t understand it honestly its very sad America

Hi
Would you tell me if its over either I get some compensation or not?
Three years fighting now not understanding because when this is found they come up with something to stop that!
Its a struggling process I received a doc saying I won a judgement riverside court but no case number or name so I can’t do anything with out per riverside court
Any way I can find out what my case number and name is and if its over or not?
They are telling me I get a grant no paying back I must say how much I want? Only they want $3.48 to start then she said I’d have to fill out forms then she said they do it all for me after I merriored her she started yelling at me telling me to stop and her her I told her yes I heard her but she wouldn’t stop is this a con ?
Also how do I find out what is what I saw my name with a Eric m Lara who I have no idea who this is he pays the taxes ? San Bernardino county ? I have no clue any one you can refer me to to help me understand what’s what’s and if I need to complete anything such as the two paid in full letters one first note micro filmed stamped with seal other balloon payment this one and another Jp Morgan sub of trustee had no standings
So I have some rights don’t I? Can’t I kick then out of my home and go home ?
Or am I stll in court last I got Supreme Court Washington, D.C. So I’m very lost with legislation
Please if contact me ASAP thank you very kindly my stress has been making me very ill and I’m not going to hospital because I won’t be coming out for what ? So far this has been nothing but bull shot lies justice served my a

Good everyone.
My name Mrs, Renee Phillips, i am from USA CA , i am married, i have been searching for a genuine loan company for the past 2 years and all i got was bunch of scams who made me to trust them and at the end of the day, the took all my money and left me moneyless, all my hope was lost, i got confused and frustrated, i lost my job and find it very difficult to feed my family, i never wanted to do anything will loan companies on net anymore, so went to borrow some money from a friend, i told her all that happened and she said that she can help me, that she knows a loan company that can help me, that she just got a loan from them, he directed me on how to apply for the loan, i did as he told me, i applied, i never believed but i tried and to my surprise i got the loan in 24 hours, i could not believe my eyes, i am happy and rich today and i am thanking God that such loan companies like this still exist upon this fraud stars all over the places, please i advise everyone out there who are in need of loan to go for Mr. Robert .M. Clark Email via ; ( robert.clark071@gmail.com ). he did not know am doing this for him,but i just have to do it because a lost of people are out there who are in need for a loan., they will never fails, your life shall change as mine did.

Here are a few questions for Mr. McCandless and/or any other Lawyer who wishes to chime in.

When, in the history of courts, has any litigant been able to commit multiple instances of fraud upon the court, file hundreds of frivolous cases, commit perjury throughout, and still been allowed to continue filing cases in court?

When did the legal maxims regarding wrongdoers cease to exist?

In what court would a Judge see fit to ignore parties with no history of misconduct, in favor of parties who are well-known and established habitual offenders?

How in the hell can any Judge or Attorney, after all that’s happened, still pretend that these cases should proceed as if everything was normal, without so much a word, and still have the ability to maintain a straight face?

The fact that homeowners could still go into court and be denied protections and TRO’s, after 10 years of habitual and intentional misconduct that includes numerous frauds upon the court, after thousands of cases filed in every state all alleging the same exact things about the same exact culprits who also had to pay record fines for the same misconduct concerning the same exact issues before the court, defies all logic and common sense.

Worse, is the fact lawyers aren’t even outraged by the audacity of such a blatant injustice.

JUST WTF?!

How is this not a clear sign that courts can no longer be trusted and why should anyone continue to use them?

I see questions all the time about Lis Pendens in online Real Estate discussion forums all the time. Before diving into the information below please understand the following. This information pertains to California Real Estate Law. This information was obtained … Continue reading →

California Chapter 11 Bankruptcy Law California businesses have a couple of options to deal with dire financial conditions, and filing for a Chapter 11 bankruptcy can be an attractive option. However, it can be a bit complex, and to be … Continue reading →

Obviously, the debtor doesn’t have sufficient ready funds to pay all creditors at the time of filing. Instead, an approved plan relies on future business earnings and profits to address creditor debts. The debt claims are prioritized with taxes owed … Continue reading →

Today, many people are deciding to declare bankruptcy. With so many people being laid off, a lot of people are deciding to file for bankruptcy but you need to realize that it is not for everyone. There are other ways … Continue reading →

Effective Date of the Trasfer and the Inapplicability of Federal Rule of Bankruptcy Procedure 9006(a) to the Trustee's Avoidance Powers By Richard Ruszat A threshold issue to preference litigation is the determination of whether a transfer occurred within the applicable … Continue reading →

Workout Experts for Financially Distressed Companies The The McCandless Law Firm is among Northern California’s most experienced workout specialists for creditors, boards, investors and executive management of financially distressed companies. Workouts include managed, out-of-court business terminations as well as an … Continue reading →

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Greetings everyone, After 9+ years, I am selling this site that is very well established. I feel the site is best suited for those who practice in defending homes i.e. attorney(s)/forensic auditors/debt consultants/non-profit/ etc.. Ultimately, I would like to find 1 or a group of attorneys that might want to pool in together from across […]

COMING TO YOU LIVE DIRECTLY FROM THE DUBIN LAW OFFICES AT HARBOR COURT, DOWNTOWN HONOLULU, HAWAII LISTEN TO KHVH-AM (830 ON THE AM RADIO DIAL) ALSO AVAILABLE ON KHVH-AM ON THE iHEART APP ON THE INTERNET . Sunday – July 7, 2019 What Every Homeowner Needs To Know About The Myths And Realities Of Truth-In-Lending […]

West Virginia Record- A veteran residing in Charleston alleges that a mortgage servicer failed to modify a loan and placed his home into foreclosure. John T. Baldy II filed a complaint in Kanawha Circuit Court against Nationstar Mortgage LLC, doing business as Mr. Cooper, alleging breach of contract and other counts. The suit states that […]

COMING TO YOU LIVE DIRECTLY FROM THE DUBIN LAW OFFICES AT HARBOR COURT, DOWNTOWN HONOLULU, HAWAII LISTEN TO KHVH-AM (830 ON THE AM RADIO DIAL) ALSO AVAILABLE ON KHVH-AM ON THE iHEART APP ON THE INTERNET . Sunday – June 30, 2019 What Every Homeowner Needs To Know About Surviving In Foreclosure Court (originally broadcast […]

The appellate panel found that because homeowner Farshadi Faramarz had argued U.S. Bank N.A. and Nationstar had no standing to sue him under the contract, that took away his right to fees from those parties under that same contract. The Fourth District Court of Appeals relied on Nationstar v. Glass, which has a shaky history. […]

DBR- A Miami lawyer’s efforts to rectify and bring attention to the city’s affordable housing crisis are beginning to be noticed by public officials around the country. Kelly King, who serves as council chairwoman in Hawaii’s County of Maui, has publicly expressed interest in retaining foreclosure defense attorney Bruce Jacobs in her own municipality’s effor […]

COMING TO YOU LIVE DIRECTLY FROM THE DUBIN LAW OFFICES AT HARBOR COURT, DOWNTOWN HONOLULU, HAWAII LISTEN TO KHVH-AM (830 ON THE AM RADIO DIAL) ALSO AVAILABLE ON KHVH-AM ON THE iHEART APP ON THE INTERNET . Sunday – June 23, 2019 The 68 Mostly Under Used Affirmative Defenses That Can Save Your Home From […]

Law- A new development in real estate acquisitions from distressed homeowners involves investors approaching homeowners in foreclosure and offering to purchase the deed from the owner/mortgagor. After purchasing the deeds, investors have then chosen to litigate with the foreclosing banks on the merits of the mortgage in the hopes of settling for a lesser amo […]

NYT- Federal authorities are investigating whether Deutsche Bank complied with laws meant to stop money laundering and other crimes, the latest government examination of potential misconduct at one of the world’s largest and most troubled banks, according to seven people familiar with the inquiry. The investigation includes a review of Deutsche Bank’s handli […]

Don’t get lost in the weeds. In a normal trust situation the trust is the entity that owns the assets that were entrusted to the trustee. Of course any Trust or Corporation or any other business entity is a legal fiction that we use for convenience. We are able to do that because legislatures have […]

Thursdays LIVE! Click in to the Neil Garfield Show Tonight’s Show Hosted by Neil Garfield, Esq. Call in at (347) 850-1260, 6pm Eastern Thursdays The difference between winning and losing is whether you are using procedural law to your advantage or you naively enter the courtroom believing that a substantive law will save you. Spoiler alert #1: […]

I have recently received reminders of the people who died and the criminal investigations that were gutted despite the obvious evidence of the largest economic crime in human history. I pass this on as a reminder that the fraud continues and as a caution to those who think that the worst has happened. They got […]

Want to know why this site is called LivingLies? Read on Homeowners often challenged the authority of the named claimant while skipping over the actual party who is supporting the claim — the alleged servicer. You might also want to challenge or at least question their authority to be a servicer. The fact that someone appointed them to […]

Hat tip to Scott Staffne see Washington_Court_grants_summary_judgment ======================================= GET FREE HELP: Just click here and submit the confidential, free, no obligation, private REGISTRATION FORM. The key to victory lies in understanding your own case. Let us help you plan for trial and draft your foreclosure defense strategy, discovery […]

Yes, you can use discovery to win the case before it gets to trial. No, that won’t happen just because you asked. You must follow the rules of civil procedure for that to happen. And like everything that happens in court there are no guarantees that even the best played hand will win. Many cases […]

Thursdays LIVE! Click in to the WEST COAST Neil Garfield Show with Charles Marshall Or call in at (347) 850-1260, 6pm Eastern Thursdays Once the sale has occurred, the trustee on the deed of trust issues a deed to either the party who initiated the foreclosure process or to a third party bidder. Then the “winner” of the […]

The Compounding Effects of Void Court Decisions That Are Contrary to Timely TILA Rescissions Sent Pursuant to 15 U.S.C. §1635 and 12 C.F.R. §226.23 Please send comments and suggestions to neilfgarfield@hotmail.com. =================================== In 1968 the Federal Truth In Lending Act was enacted and signed into law in order to establish enforceable l […]

TILA Rescission is the law of the land. It is governed by Federal Statute 15 USC §1635 and Federal Regulation (12 CFR § 226.23) each of which have preemptive rights over state law. Federal Statute: 15 U.S. Code § 1635. Right of rescission as to certain transactions (a)Disclosure of obligor’s right to rescind Except as otherwise provided in […]

Thursdays LIVE! Click in to the WEST COAST Neil Garfield Show with Charles Marshall and Bill Paatalo Or call in at (347) 850-1260, 6pm Eastern Thursdays Going back to even 2011 and before, approximately half of the mortgages owned or guaranteed by Fannie Mae were registered in the Mortgage Electronic Registration Systems (MERS). And the loan value on […] […]

While most people didn’t notice, all of Wall Street took notice when the New York Governor signed into law a bill that extends the right of the state attorney general to investigate financial crimes and bring actions for equitable relief and damages. Investment bankers may not be going to jail but they are about to […]

Litigators often miss the point that the foreclosure is brought on behalf of certificate holders who have no right, title or interest in the debt, note or mortgage — and there is no assertion, allegation or exhibit that says otherwise. ======================================= GET FREE HELP: Just click here and submit the confidential, free, no obligation, pr […]

Hat tip: Bill Paatalo Everyone in law enforcement knows that if you can get suspect to say something he thinks will help him, you have the beginning of a confession or at least an admission against interest. That is why criminal defense lawyers tell their clients to shut up and stay shut up. Here is […]

A lot of student loan debt ends up being claimed by “Trusts” that are exactly like REMIC trusts except they are not about residential mortgages. And as I have previously pointed out on these pages, the enforcement of those debts has gone through the same process of removing the risk of loss from those who […]

Program note: The Neil Garfield Show will not air tonight due to personal and professional time conflicts. As we all continue to fight what we know are wrongful foreclosures we struggle with how to reveal that to a judge in a way that is so compelling that even the most bank biased judge will feel […]

The appellate court does not review for purposes of figuring out whether an alternative decision would have been better. They review strictly for the purpose of deciding whether there was any legal basis supporting the judge’s decision. If the answer is yes the decision is affirmed. If the answer is no, then the decision is […]

One of the things tying the SEC and the IRS in knots is that the securitization scheme was a scam that is now institutionalized. The Certificates pr “bonds” are not mortgage backed and that means the so-called REMIC trusts are not REMICs. In answer to a question addressed to Bill Paatalo and myself about that […]

I keep receiving the same question about finding a lawyer. People are seeking lawyers that have come to the same conclusions that I have written about on these pages. There are very few of them. A common question is whether I can recommend the lawyer that shares my philosophy. Here is my answer: The first thing […]

Hat Tip Bill Paatalo You are right, Bill. You can’t make this stuff up. But somehow judges still don’t want to believe it. How can you be attorney in fact for a nonexistent entity? https://bpinvestigativeagency.com/law-firm-finally-admits-the-absence-of-any-mortgagee/ This is an attempt to avoid both criminal prosecution and bar discipline for misusing the l […]

Amongst the lay people who are researching issues regarding who actually can enforce a mortgage, there is confusion arising from specific terms of art used by lawyers in distinguishing between a debt, a note and a mortgage. This article is intended to clarify the subject for lawyers and pro litigants. The devil is in the […]